Total monthly cost will go from $2650 to $2450.I'm renting out the place for $1600 and paying the rest out of pocket.

The insurance company is going to scrutinize the payout of total loss and 100k would cover market value, and carrying costs.

Buying both the lender's title insurance and the owner's title insurance at the same time gets you a package discount on the total cost of the insurance.

If you have 200 properties and $3,000 in the bank, you're totally gonna go bust.

Simply what the market rents are for the set ups you have multiplied by the numbers of units in the building multiplied by 12 to get the yearly total.

Without even getting to the question of the total being off from where you expected, line 201 on the HUD explicitly lists your deposit.

Here are actual properties for sale on the sites of two of nation's largest turnkey companies, who enjoy preeminent reputations in the industry.Company 1:Sale Price: $109,900 Down Payment: $21,980 Closing Cost: $5,500 Total Investment: $27,480 Monthly Rent: $1,125 Monthly PITI: $725.68 Monthly Management: $90.00 Monthly Cash Flow: $309.32 ROI: 14% Price Per Sq Ft: $73.00 Company 2:Purchase Price= $89,150Monthly Rent= $825Taxes/Insurance -$135Management Fee -$35Monthly Expenses -$170Monthly Income x12= $7,860Yearly ROI= 8.82%OK, if you've on BP longer than 30 seconds, you'd quickly see that there is no vacancy, maint/repairs, or capital reserves.

So here's the deal, to do a total rehab it would cost $20-25k and I picked the property for $46k.

Brian it just depends on the tenants.I do small increases but not too large.If the tenant has lived their awhile I have to weigh going up 20 bucks a month for 240 extra a year versus them moving,losing a months worth of rent (840) and then putting about 1,000 or more in new carpet paint and repairs.So at 240 extra a year it would take me about 9 years to recoup that money on the unit.It also depends on if you plan holding it that long or not.In my area tenants are barely getting by and lay-offs are happening every month to some.I think right now at least for my area isn't the time to push rent increases strong.I know what you are saying about landlords not increasing the rent for years and years.Some just want full and not deal with the headache anymore.They would rather have full and paying than charge higher rates and have more turnover and struggling from the tenants and more accounting to keep up with at multiple payments per month to pay the total rent.I believe as long as you are close to market rent but under by just a little you are not losing that much.It also depends on how cheap you bought the property.Some buy really cheap and cash flow like a monster because they purchased so low even though below market rents.

. / $4,166.67Annual debt service “DS”Revenues:Monthly AnnuallyRental Income$935$11,220.00 (RI)Vacancy @ 8% ($74.80)($897.60)Net Rental Income $860.20$10,322.40 NRI)Operating Expenses:Property Tax- 1800 (this is being challenged currently, but no ruling at this time)Insurance- 1000 (estimate, I will get a quote on this for sure.)Maintenance- 1200 (Estimate)Utilities- 800 (Estimate)Advertising- 100 (Estimate)Total Operating Expenses (*Very Estimated*) = $4900 (TOE)Net Operating IncomeNRI-TOE= NOI$10,322.40-$4900= $5422.50 (NOI)Total Cash FlowNOI- DS= TCF$5.422.40-$4,166.67= $1,255.73Return on InvestmentTCF/ TCO= ROI$1,255.73/ $5,000= .2511 (25.11%)Cash on Cash (Considering- Down Payment, Upfront Repairs, Closing Costs)TCF/ TCO (W/repairs and closing costs)$1,255.73/ $6,500 ($5,000 DP + $0 Initial Repairs + $1,500 Closing Cost) = .1923 (19.23%)My thoughts regarding this deal: I think the asking price is a little high for the property considering it’s age, condition (off of visual inspection from the street level only), location, what limited comps I could find.