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How accurate is the Zillow Mortgage payment calculator?
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How do you calculate cost basis when the property is a condo? From what I've been reading about depreciation, cost basis does not include the land. Is it just most of the time close to the purchase price? I paid $255,...
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I am using the BRRR calculator on BP. I am getting a private money loan for the deposit on a property, and hard money for the balance and rehab. The interest rates are different. How can I incorporate both loans in...
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Whats the best way to calculate approx. cost of insurance for larger multifamily property when running numbers on a deal?
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I have a question regarding calculating a rental rate. I have found that general rule of thumb per SmartAssets.com is 0.8% to 1.1% of the just market value (JMV). The property JMV is $135,892. Making the rent range ...
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I have a property under contract using a Fannie Mae Renovation Loan. When doing a soft assessment of the property I originally used 4% of the total cost of the property for closing costs. 2% of that being "transfer ta...
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Hello. I'm reading two different methods of calculating max offer. Max offer = ARV X 70% - rehab costs. Also, Max Offer = ARV – Cost of Repairs – Buyer’s Profit – Wholesale Fee – Other CostsWhich is correct? why are ...
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Should NOI subtract mortgage interest as an expense? The NOI formula that I am working off of is: NOI = Pre-tax annual rent income + other income - vacancy - operating expenses. Is mortgage interest included in NOI?...
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I entered an example flip into my own calculator and into the bigger pockets to compare. Unfortunately, the bigger pockets calculator shows a number about $5,000 higher than my spreadsheet (25% higher), with the sam...
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A commercial property with 8 units fully occupied @3,000.00 cage per unit. What is the value of this property? Is it 8x3000x12/.05 (assuming the cap rate) = 5,760,000.00? Math