When you see apartment complexes for sale on loopnet and it has NOI listed, is this after all expenses except mortgage payment or is this including current owners mortgage payment(if they have one)?

david

So I am reviewing the different valuaitons used and have come across debt service. i am wondering what debt service includes, for example is it mortgage, taxes, interest, etc... or is it just mortgage principal?For ex...

Hi.  I'm looking at a 26 unit motel in a tertiary market.  Current financials(according to the P&L) show a little over 35k NOI.  Converting to an extended stay, that NOI would be closer to 76k, not including debt ...

The term "cash-on-cash return" doesn't seem consistently defined. I'm curious if people are typically using operating (no capex reserves) or free (with capex reserves) cash-on-cash returns when evaluating deals as it ...

So my Mom and Step dad are considering purchasing two 4 plex buildings in our home town. I'm just concerned that they are paying to much for the revenue they are getting.

They are listed at 210k each and hope...

Does anyone have a recommendation for either national or local lenders (I’m based in LA) that will include short term rental income in a debt to income calculation to help finance a separate conventional mortgage?

Hello,I would like to connect with someone, that I can meet with face to face from time to time to help me get my feet wet and analyze deals so I can become an expert at it. I am ready to start pulling the trigger and...

Investment Info:

Small multi-family (2-4 units) buy & hold investment.

Purchase price: $321,000

3 Unit multifamily that cashflows $5100 a month.

What made you interested in investing in thi...

What does the 50% rule mean in the BRRRR calculator? 

View report*This link comes directly from our calculators, based on information input by the member who posted.