(Millage rates vary by city and school district in Michigan.)

Hello Account ClosedHere's a basic list you can use:5 -10% Vacancy (depends on the area and property condition.Operating Expenses 10% Property Management (Rates vary.  

This has been a topic in the past and you'll find varying answers and reasons...I do, but only in a situation like you mention.

The values vary widely in sometimes just a few blocks.

I relied on my phone and it died yesterday, and I was unable to find the place in Las Cruces.  

On an actual owner financed sale, generally varies from 4-10%.

Keeping in mind this can vary widely: I would say seller financed interest rates would generally be above standard bank rates yet lower than hard money.That is the question asked.

Here is what I was taught a good comp should be:- 6 months of sales-  +/-200 sqft of subject property (1,000 - 1,400 in this case)- 0.5 miles from the subject property- same ba/br or close to it and adjust- do not cross major boundaries such as a different city, freeway, major road, etc. because local markets vary significantlyI'm not happy with this person using 12 months of sales data, but okay I get it.  

For your first deal or two, it's nice to be able to have a short drive to go and look at the property in person and not rely on a PM (Property Manager) do to the job.

In some areas it can even vary by county.