Updated almost 6 years ago on . Most recent reply
Newbie introduction - help analyzing
I'm hoping to gain insight and knowledge to purchase a (owner occupied) multi-family unit. I think I'm doing something wrong when using the rental property calculator. Each time I've analyzed, the ROI is negative, and properties have yet to meet the 2% rule as well. I know with practice and proper utilization of this site I will get better with analyzing and more knowledgeable. With multi-family units, do I focus more on the 2%, 50%, or Cap rate? Also, with owner occupied, do I add rent from the unit that I occupy?