As the next step in your research you will need to do a holding period cash flow statement for each property to determine which property has the best long term profit potential. Utilize the listing price for each property as your purchase price. Calculate the property taxes and estimate other costs including utilities, landscaping, snow plow removal, insurance, advertising, legal costs, etc. Assume your property management fee will be 5% of EGI. Be sure to include income taxes and capital improvement projects necessary to improve the property. Your mortgage is a 25 year fixed rate mortgage at 4.5%, monthly payments, DCR = 1.4.
Attachment:- Real_Estate_Properties.pdf