Here's the details formatted a little better:purchase price - $104,000down payment (5%) - $5,200Loan Amount - $98,800Total cash out of pocket (closing&rehab) - $17,200Monthly rent - $1100Prop tax - $178.83Insurance - $80Mortgage Insurance - $23.4Mortgage - $478.83Vacancy (8% of rent) - $88 Repairs (5% of rent) - $55 Capital expenditures (5% of rent) - $55  Monthly Expenses - $959.06  Cash Flow - $140.94  Cap Rate - 7.15% Cash-on-cash 9.83% 

I know of one, message me for details

and to pass judgment when they don't know the details.

Im so close to buying my first rehab but still held up on some of the details with Financing a Flip.

Pure numbers don't look bad....And maybe look at some details like property condition (so no major outlays early for capital projects), your home base makes me think college, so are these empty each summer or is there mass competition for students (which can be management challenges).

I have one that rates would be about 6 to 7.5 depending on experience and a few other details.

For estimating renovation costs one would need something more detailed than a flipping calculator since dozens of little items can add up to big budget overruns.

I'll list the details below. 

I just posted a reply in different forum detailing this a little better.

I have a great eye for detail and have become adept in fixing up properties and charging fair rents.