26.62%:    Investor's Estimated Annual ROI (not including additional tax benefits)
$27,664:    Total Initial Investment Required

Property:

• 2-family house.
• C+ property in a B area.

Area:

• Mid-sized town 30 minutes from two larger cities. 
• Population is increasing. 
• Business is moving in. 
• Diversified economic base
  (hospital, college, businesses). 
• Rental vacancy rate in area is low.

Strategy:

• High cashflow but low appreciation. 
• Hold 10+ years for cashflow. 

Deal Details:
Asking price: $79,900
NOI: $17,280
CAP rate: 21.6.