Updated over 5 years ago on . Most recent reply
What numbers to calculate to insure it's a good investment?
Hello Everyone. I'm looking to start investing in real estate some day soon. I am a college student studying Construction Management and thinking about getting a minor in real estate. On top of that I'm reading books on real estate investing and listening in on the Bigger Pockets podcast. I'm learning alot but I am still confused on what numbers I need to calculate in order to determine if a property will make a good investment. I'm looking to get into rental properties with the occasional flip here and there. These are the few things I can think of.
Down Payment
Mortgage Payment
1% Rule
Cash Flow
Price to Rent Ratio
Cap Rate
ROI
Cash on Cash Return
Is there anything I'm missing? Also what would be the ideal numbers for the Cap Rate, ROI, and the COCR
Thank out in advance for you advice.