Again, I can't tell you the exact return by year without seeing the underwriting.Equity Multiple 1.94 - take your equity invested and multiply it by 1.94, this is your total return including the cash on cash throughout the deal, the money returned from loan proceeds if there is a refinance and lastly the proceeds received after selling the property in year 5. 

If that is the case, then mortgage interest on a note is passive and not subject to UBIT.UBIT applies when a tax-exempt entity engages in a trade or business on a regular or repeated basis.Passive income not subject to UBIT includes royalties, dividends, interest, rent from real property and gains on the sale of an asset that has been held to produce such passive income.Trade or business subject to UBIT generally consists of services or buy/sell transactions. 

Will these be included in the loan?

Purchase price $170K25% down: 42,500127,500 Financed over 30yrs @ 5.250 (Of course, yesterday the feds rose the interest rates.)Out Of pocket: $51,000 (Includes closing costs($10,000) and down payment.)Expenses: (Month)Mortgage: $704 @5.25%Taxes: $416Sewer:$150Insurance: $83.50Oil Heat: $50Misc: $100Total: $1,503.50Income:Unit 1 : $1000Unit 2 : $875Unit 3 : $800Total : $2,675Yearly:Income $32,100Expense: $18,042Total made after expenses: for the year $14,058Now for the amount i'm putting down would you consider this a good or bad deal?

I've heard of this stategy being used and if it's a property you're looking to buy to live in then the comps including recent sales and expired listings should tell you the story. 

Some of his requests include asking to spray his exterior wood pile for spiders, replace a dryer knob, replace working doorbell, and increase flow of refrigerator water line.

I already plan to have it included in the lease and agreed upon but doesn't the water bill follow the owner of the home?

If anyone in the New Orleans area including Lafayette, Jefferson, etc. needs any help with anything regarding real estate, please let me know how I can help you.

IF there is a no-fault eviction, you cannot re-rent the unit within the time period required for the property which includes short term rentals like Airbnb.

Hiusing a 100K property as an example (turnkey), with a 25 year loan, 76K, 5.6% p.a. that would mean the first year roughly 4K interest, and the depreciation would be 100k/27.5=3.6K, so total 7.6K - 630 USD/month.Now did I understand correctly that the 630 $ should taken out against the monthly cashflow without a loan, not including vacancy, capex ?