Repairs estimated around $10-15k.

It looks like recent sale comps are under $200k so I would make sure to check with a local agent or expert to verify the ARV estimate.

This is provided you realistically estimate and go towards cash flow.  

Based on what I can see on HAR, the HOA is $3000-4000 per year, quite a bit lower than what you’re estimating 

Hi,I was wondering if any of you have a good rule of thumb for estimating property taxes and insurance costs for residential listings?

Investors use cap rate to estimate their potential ROI (return on investment) for a particular asset.In a simplified definition, the cap rate calculates a property’s natural rate of return in a single year by dividing its annual net operating income (NOI) by its purchase price.

Not only am I asking if the offer was priced right but I really would like to do a BRRR, plus this place can be an amazing AirBnb since the estimated rent is $3,500 in this area. 

Purchase price: $515,000 10% down= $51,500Loan= $468,135Rehab = $35,000ARV (estimate) 600,000-625,000.

My initial depreciation is based off of the purchase price, so if I am able to increase it does the new value have to be based on anything in particular (tax assessment, appraisal, zillow estimate)? 

I'm estimating a rehab cost of approximately $300,000.00 or a little more.