Below is a breakdown of the monthly expenses and estimated expenses provided.
Mortgage
Taxes
$250
Insurance
$100
Variable Expenses
$360
Fixed Expenses
$370
Total Monthly Expenses
$1080
Electricity
$100
Gas
$150
Water & Sewer
$100
HOA Fees
$0
Garbage
$20
Other
$0
Total Fixed Expenses
$370
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
$11040
CoC ROI%
24000%
Purchase Cap
5.52%
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
50% Rule Cashflow
$1000
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