Still not bad and your annual cashflow is just under 100/rented door at 99.06.If after a year or two you refi out of your FHA loan to get rid of the residency clause you will still be at about 100 a door with 10% vacancy and 10% Property Management costs, and your ROI with the extra 10K out of pocket for the roof will increase about 12% @ refi.Would it be possible for you to close on both properties in your pipeline?

Each with a minimum of $200 clear cash flow (cash flow per door).Annual cash flow $4,800 Set up your business, Tax payer ID number, checking account, lease contract, set up cash reserve savings acct, prepare personal financial statement, start creditability file, build your team of experts. etc.

The 1,600 @ 200K is a no go. i don't want to speculate on appreciation in the area (19125 zip code).My wife and I looked at five other places today and none of them met the new assumptions i updated my sheet with....for each property i look up the actual tax data on phila.gov2,000 annual insurance estimate100/mth for water10% management fee (payable to myself)5% vacancy10% of rents for repairsIn this area it doesn't look like i'm breaking even on anything below rents of 1% on my purchase price.

ROI 6000/100 000 = 0.06 or 6% annual return.

It's the annual conference on planning and development issues in cache valley.

I modified it a bit but have my bookkeeper moving funds from my checking account each month into 2 separate savings accounts; 1 as an escrow for the quarterly tax bills, annual insurance bills and reserves for major expenses and 1 as a profit account. 

@Michael MortonFirst off I see that your debt service is much too low at 18k/annual.

If you are going to be bidding at the 2014 Annual Tax Sale in 2016 and there are prior years, those prior years' taxes will be added to your tax sale and if not, they will be "merged" (wiped out) into your tax deed once you obtain and record your tax deed.

The starting bit is 80k and I'm thinking 85k closing cost is about 2500 repair 30k =117. the ARV 225k ROI 117.97% ROI (Annualized) 478..42%I have never done a action what should I expect?

I'm not planning to drive 100 miles every time tenant has a leaking pipe or a bulb burns out).So I'm looking at 1739 outflow for a net cash flow per month of 461 which is an annual cash on cash return of 24%.Or I could get a 15 year fixed loan and have (according to my back of napkin calculation) a return of about 15.6% and pay the mortgage down much quicker.