Below is a breakdown of the monthly expenses and estimated expenses provided.
Mortgage
$6109.29
Taxes
$833.33
Insurance
$416.67
Variable Expenses
$2500
Fixed Expenses
$-3
Total Monthly Expenses
$9856.29
Electricity
$-1
Gas
$0
Water & Sewer
$0
HOA Fees
$0
Garbage
$-2
Other
$0
Total Fixed Expenses
$-3
Vacancy
$500
Maintenance
$500
Capital Expenditures
$500
Management Fees
$1000
Total Variable Expenses
$2500
Monthly Returns
The figures below estimate the costs of cashflow and returns.
Net Operating Income NOI
$1724.52
CoC ROI%
120000%
Purchase Cap
0.172452%
50% Rule Estimates
The 50% rule is a general estimate that assumes 50% of the income should be allocated to expenses.
Total Monthly Income
$10000
50% for Expenses
$5000
Monthly P&I
$6109.29
50% Rule Cashflow
$-1109.29
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