Below is a breakdown of the monthly expenses and estimated expenses provided.
Mortgage
$1645.75
Taxes
$250
Insurance
$100
Variable Expenses
$360
Fixed Expenses
$470
Total Monthly Expenses
$2825.75
Electricity
$150
Gas
$100
Water & Sewer
$200
HOA Fees
$0
Garbage
$20
Other
$0
Total Fixed Expenses
$470
Vacancy
$100
Maintenance
$160
Capital Expenditures
$100
Management Fees
$0
Total Variable Expenses
$360
Monthly Returns
The figures below estimate the costs of cashflow and returns.
Net Operating Income NOI
$-9909
CoC ROI%
24000%
Purchase Cap
-0.049545%
50% Rule Estimates
The 50% rule is a general estimate that assumes 50% of the income should be allocated to expenses.
Total Monthly Income
$2000
50% for Expenses
$1000
Monthly P&I
$1645.75
50% Rule Cashflow
$-645.75
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