I can probably get $1100-$1200 per month on a new similar sized rental, drop the insurance costs in more than half, and get rid of pool and lawn care.

I carried a first and a second loan with an average interest rate of 7%.

Is there a standard average to follow like the stock market etc...?

(http://www.realtyrates.com/ms-commentg.html)I see that the average NOI is $593 on a property that is $86,630.

Usually I would move on but the property might make a good rehab project; it is however very risky in that the property has been vacant for a very long time and actual repair estimates if in excess of the current estimate, might cause some problems.These are some of the numbers:ARV = $165K (but, Zillow =190K, homesnap=189K, homes.com=$145K, realtor.com=270K, eppraisal=$312, average=$221K)Repairs = $52K (based on sellers contractor, unverified.

I just found it indicative, because for the average person on this site, Cuba is nothing more than chasing a get rich quick scheme.

Stay on this site read all you can, listen to the podcast, you will find that every one is in different situations and there is not a one size fits all plan, it will be up to you to determine your strengths and weaknesses to determine what niche you have.

The cost of other (non-new construction) houses in the neighborhood have no relationship to the cost you'll incur to build a new house.Your costs will be based on a lot of factors:- Location- Level/type of finishes- Style of house- Size of house- Whether you GC it yourself or hire a builder- The types of contractors you use- Your negotiating ability- How strategic you are with your designs to keep costs downI've built houses for $60/sf, and I've built similar houses in other locations with different contractors for $90/sf. 

The 50% varies quite a bit but it is meant to be an average of many properties over time. 

Water and power average $100 a month total.