Below is a breakdown of the monthly expenses and estimated expenses provided.
Mortgage
$1707.47
Taxes
$250
Insurance
$100
Variable Expenses
$690
Fixed Expenses
$345
Total Monthly Expenses
$3092.47
Electricity
$150
Gas
$80
Water & Sewer
$30
HOA Fees
$0
Garbage
$60
Other
$25
Total Fixed Expenses
$345
Vacancy
$150
Maintenance
$240
Capital Expenditures
$150
Management Fees
$150
Total Variable Expenses
$690
Monthly Returns
The figures below estimate the costs of cashflow and returns.
Net Operating Income NOI
$-1109.64
CoC ROI%
36000%
Purchase Cap
-0.55482%
50% Rule Estimates
The 50% rule is a general estimate that assumes 50% of the income should be allocated to expenses.
Total Monthly Income
$3000
50% for Expenses
$1500
Monthly P&I
$1707.47
50% Rule Cashflow
$-207.47
Report
There was a problem reporting this post.
Block Member?
Please confirm you want to block this member.
You will no longer be able to:
See blocked member's posts
Mention this member in posts
Invite this member to groups
Message this member
Add this member as a connection
Please note:
This action will also remove this member from your connections and send a report to the site admin.
Please allow a few minutes for this process to complete.