Duplex - 2/1 both sidesPurchase: $97K all cash no and includes realtors work for finding the dealRehab: $20K (floors, kitchen/bathroom, paint and other cosmetics)ARV: $135K (will then refinance at $101K leaving roughly $16K in the deal)Rent: $800 each $1600 total (current tenants on month-to-month at $500 on both sides)Vacancy: 10% ($160), CAPEX: 8% ($128), Property Mgmt: 10% ($160)Mortgage: $376, Taxes: $150, Insurance: $100Lawn Care: $100, Septic: $13Cash Flow: $413, CoC: 30.9%Property is in a very stable C Class neighborhood.

I believe with a little updating with paint I could get at least $2100.

Fresh paint, very clean, comfy beds and couch.But there are no decorations. 

It will last forever....but should be painted.

It is becoming more common for people to paint floors in lower end rentals.

Hello,I'm fresh out of college and have been trying to get into real estate for the past 4 years while in school.

. $15,000 dollars  I had a freshly remodeled unit!

TLC is "Tender Love and Care" and is a term used to describe everything from a property that needs a bit of cleanup and paint, to a completely wrecked interior.

At the very least, I'd expect there to be some cost to modernize fixtures, outlets, and maybe paint touch-ups.Your interest rate is 4.5%. 

It was also a big challenge because I had only done small rehabs (paint, carpet and at most new kitchen or bathroom - not rearrange the whole house.