Below is a breakdown of the monthly expenses and estimated expenses provided.
Mortgage
$1992.32
Taxes
$250
Insurance
$100
Variable Expenses
$1680
Fixed Expenses
$425
Total Monthly Expenses
$4447.32
Electricity
$150
Gas
$150
Water & Sewer
$80
HOA Fees
$30
Garbage
$15
Other
$0
Total Fixed Expenses
$425
Vacancy
$300
Maintenance
$480
Capital Expenditures
$300
Management Fees
$600
Total Variable Expenses
$1680
Monthly Returns
The figures below estimate the costs of cashflow and returns.
Net Operating Income NOI
$18632.16
CoC ROI%
72000%
Purchase Cap
9.31608%
50% Rule Estimates
The 50% rule is a general estimate that assumes 50% of the income should be allocated to expenses.
Total Monthly Income
$6000
50% for Expenses
$3000
Monthly P&I
$1992.32
50% Rule Cashflow
$1007.68
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