Below is a breakdown of the monthly expenses and estimated expenses provided.
Mortgage
$2568.05
Taxes
Insurance
$150
Variable Expenses
$480
Fixed Expenses
$420
Total Monthly Expenses
$3693.05
Electricity
$200
Gas
$0
Water & Sewer
$20
HOA Fees
$200
Garbage
$0
Other
$0
Total Fixed Expenses
$420
Vacancy
$160
Maintenance
$120
Capital Expenditures
$80
Management Fees
$120
Total Variable Expenses
$480
Monthly Returns
The figures below estimate the costs of cashflow and returns.
Net Operating Income NOI
$3683.4
CoC ROI%
48000%
Purchase Cap
50% Rule Estimates
The 50% rule is a general estimate that assumes 50% of the income should be allocated to expenses.
Total Monthly Income
$4000
50% for Expenses
$2000
Monthly P&I
$2568.05
50% Rule Cashflow
$-568.05
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