Below is a breakdown of the monthly expenses and estimated expenses provided.
Mortgage
$1645.75
Taxes
$250
Insurance
$100
Variable Expenses
$7260
Fixed Expenses
$320
Total Monthly Expenses
$9575.75
Electricity
$150
Gas
$100
Water & Sewer
$50
HOA Fees
$0
Garbage
$20
Other
$0
Total Fixed Expenses
$320
Vacancy
$2000
Maintenance
$3200
Capital Expenditures
$2000
Management Fees
$60
Total Variable Expenses
$7260
Monthly Returns
The figures below estimate the costs of cashflow and returns.
Net Operating Income NOI
$-90909
CoC ROI%
24000%
Purchase Cap
-45.4545%
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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