Below is a breakdown of the monthly expenses and estimated expenses provided.
Mortgage
$2866.97
Taxes
$333.33
Insurance
$166.67
Variable Expenses
$880
Fixed Expenses
$530
Total Monthly Expenses
$4776.97
Electricity
$150
Gas
$120
Water & Sewer
$100
HOA Fees
$0
Garbage
$110
Other
$50
Total Fixed Expenses
$530
Vacancy
$200
Maintenance
$200
Capital Expenditures
$400
Management Fees
$80
Total Variable Expenses
$880
Monthly Returns
The figures below estimate the costs of cashflow and returns.
Net Operating Income NOI
$-9323.64
CoC ROI%
48000%
Purchase Cap
-2.33091%
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
$2866.97
50% Rule Cashflow
$-866.97
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