**The following analysis assumes that I move out and have all units being rented out.Denver, CO (Baker) TriplexList price: $620,000////////////////////////////////////////////////////////////////////INITIAL INVESTMENT: $129,780ANNUAL PRE-TAX CASH FLOW: $7,100CAP RATE: 5.13%CASH-ON-CASH RETURN: 5.47%IRR: 12.85% per year (30-year hold assumption, 3% increases in rents / expenses)////////////////////////////////////////////////////////////////////INCOME**Gross Rental Income UNIT 1 (1 BR / 1 BA): $1,150Gross Rental Income UNIT 2 (1 BR / 1 BA): $1,150Gross Rental Income UNIT 3 (2 BR / 1 BA): $1,600Vacancy (6%): $234TOTAL INCOME: $3,666EXPENSESProp tax: $517 ($6,204 annual)Insurance: $110Maintenance & Repairs (10%): $390TOTAL EXPENSES: $1,017NET OPERATING INCOME (NOI): $4,683DEBT SERVICELoan Payment: $2,058TOTAL DEBT SERVICE: $2,058MONTHLY CASH FLOW: $591.47////////////////////////////////////////////////////////////////////Am I missing anything for my analysis? 

On price:  It sounds like you're pretty close to market value for how you've described the home. 

@Shelon HutchinsonThank You 🙏 so eloquently describe in your definition, Webster here’s the future upgrade definition LLC or LP You have me much better understanding to explain to others may I share your post

I've heard it described that HOA insurance would rebuild back only to the rough flooring, rough ceilings and interior studs.

That's why I described a Lease Option.

I hope this makes sense how I am describing this.

Scenario 2 describes 20% down, $60,000 down.

I would keep it for now...the market is hot and it's extremely competitive out here for properties that barely cash flow, let alone properties that can be described as a "cash cow."  

Here in this thread the word evict seems to be used to describe asking the tenants to leave, is it an eviction every time a landlord asks tenants to move ?

As someone who has done the strategy you're describing, there are a few things to consider: 1.