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Assumptions |
| Visited Properties |
Margin of error will be less than 6 points. |
| Non-Visited Properties |
Margin of error can be as much as 14 points! |
| Sale Price |
The investment assumes you get the property at list AND you are adding estimated repairs. Offers are currently on average of about 5% over list. |
| Market Rent |
The market rent reflects current market conditions AND you want a tenant within a month of closing Escrow. |
| Taxes & HOAs |
This is given by the listing agent. These are usually pretty accurate. |
| Not Included |
| Insurance - An average 3/2/2 is about $400/year. |
| Property Management - Most "Full Service" charges about 8% |
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Vacancy |
Rental |
Averages 1 month every 18 months. |
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Averages 1 month every 24 months |
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Rehab |
Rental |
Average is about every 2 tenants. |
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Average is about every 4 tenants. |
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