All Forum Posts by: Nick Ruffini
Nick Ruffini has started 18 posts and replied 74 times.
Post: Please help me analyze this deal

- Rental Property Investor
- Los Angeles, CA
- Posts 77
- Votes 22
@Jeremy Nault thanks!
Post: Help me analyze this deal

- Rental Property Investor
- Los Angeles, CA
- Posts 77
- Votes 22
Thanks @Tanner Sherman! I got the insurance quote back today and it came back lower than expected ($76/mo.) which is good. I reposted the deal with those numbers to get more feedback and also learned that I can probably get an additional $75-$100/mo for each unit (although I'm still running the deal at the lower numbers provided by the current owner)
Post: Please help me analyze this deal

- Rental Property Investor
- Los Angeles, CA
- Posts 77
- Votes 22
Hey all, I'm looking at a duplex and I'm crunching the numbers. They look decent (COC return is lower than I'd like) but would love any feedback.
Thanks for taking a look!
Rental income: $1600
Expenses:
Taxes: 319.41
Ins: 79.16
Water/Sewage:
Garbage:
Electric:
Gas:
HOA fees:
Lawn/Snow:
Vacancy: 100
Repairs: 150
CapEx: 100
Prop Mgmt: 160
Mortgage: 536
Total Expenses: $1,444.57
Rental income: $1.600**
Difference: +$155.43 (Monthly Cashflow**)
Down Payment: $29,000 (20%)
Closing Costs: $5,000
Rehab: $5,000
Total Investment: $39,000
Cash on Cash return: 4.78%**
**Note: Current market rates look like I could charge another $75-$100/mo for each unit, raising my cash flow and creating a COC return of 9.39%-10.93% respectively
Post: Help me analyze this deal

- Rental Property Investor
- Los Angeles, CA
- Posts 77
- Votes 22
Post: Help me Understand my return

- Rental Property Investor
- Los Angeles, CA
- Posts 77
- Votes 22
Thanks everyone, I appreciate it!
Post: Help me Understand my return

- Rental Property Investor
- Los Angeles, CA
- Posts 77
- Votes 22
hi @Mark Boutin - thanks your willingness to help. I spoke with the person who is running the deal and that's the info he gave me:
$2,600,000 Offering Size
50,000 Minimum Investment
18.5%Target IRR
2x Multiple
So, if I invest $50K I can expect $100K back. I understand that, but was trying to understand the IRR in more detail. Maybe I'm not asking the right question, but I'm just trying to get a better understanding of the overall return and the IRR is a bit confusing to me.
Post: Help me Understand my return

- Rental Property Investor
- Los Angeles, CA
- Posts 77
- Votes 22
Hi All,
I'm looking to get involved with a deal that is a $50K investment, 18.5% IRR, 2X multiple and a 4-5 year hold. How can I calculate the what the total return would be?
Thanks!
Post: Cheapest way to start real estate at 19?

- Rental Property Investor
- Los Angeles, CA
- Posts 77
- Votes 22
@Mace Moseley Totally disagree. If you want to be taken seriously, be professional. Your age has NOTHING to do with it and don’t let anyone tell you otherwise. Get that negative self talk out of your head.
Post: Getting a better understanding of IRR

- Rental Property Investor
- Los Angeles, CA
- Posts 77
- Votes 22
Hi All,
I'm trying to get a better idea of IRR. I'm not trying to figure out how IRR is calculated, but I'm looking to understand what that means in terms of returns.
For example, I had a conversation with someone yesterday who said they held a property for 5 years and the investors received an IRR of 18%. Does this mean that taking cashflow + proceeds from the sale equal 18% TOTAL returns on cash invested or 18% per year?
For example, If I invested $30K, after 5 years would that $30K be $68,632.73 (18% Annually) or $35,400 (30,000 X 18%)
Does this make sense? Basically, I want to try to calculate how much I invest and what the returns would be in dollars and cents.
Thanks!
Post: Multifamily Investor Regulations

- Rental Property Investor
- Los Angeles, CA
- Posts 77
- Votes 22
Great - thanks, everyone! Much Appreciated.