Below is a breakdown of the monthly expenses and estimated expenses provided.
Mortgage
$3533.12
Taxes
$333.33
Insurance
$175
Variable Expenses
$2560
Fixed Expenses
$332
Total Monthly Expenses
$6933.45
Electricity
$125
Gas
$82
Water & Sewer
$50
HOA Fees
$15
Garbage
$25
Other
$35
Total Fixed Expenses
$332
Vacancy
$400
Maintenance
$800
Capital Expenditures
$400
Management Fees
$960
Total Variable Expenses
$2560
Monthly Returns
The figures below estimate the costs of cashflow and returns.
Net Operating Income NOI
$12798.6
CoC ROI%
96000%
Purchase Cap
2.8441333333%
50% Rule Estimates
The 50% rule is a general estimate that assumes 50% of the income should be allocated to expenses.
Total Monthly Income
$8000
50% for Expenses
$4000
Monthly P&I
$3533.12
50% Rule Cashflow
$466.88
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.