Below is a breakdown of the monthly expenses and estimated expenses provided.
Mortgage
$3145.87
Taxes
$1000
Insurance
$2000
Variable Expenses
$20000
Fixed Expenses
$300
Total Monthly Expenses
$26445.87
Electricity
$25
Gas
$35
Water & Sewer
$45
HOA Fees
$55
Garbage
$65
Other
$75
Total Fixed Expenses
$300
Vacancy
$5000
Maintenance
$5000
Capital Expenditures
$5000
Management Fees
$5000
Total Variable Expenses
$20000
Monthly Returns
The figures below estimate the costs of cashflow and returns.
Net Operating Income NOI
$-77350.44
CoC ROI%
240000%
Purchase Cap
50% Rule Estimates
The 50% rule is a general estimate that assumes 50% of the income should be allocated to expenses.
Total Monthly Income
$20000
50% for Expenses
$10000
Monthly P&I
$3145.87
50% Rule Cashflow
$6854.13
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