Below is a breakdown of the monthly expenses and estimated expenses provided.
Mortgage
$1423.42
Taxes
$333.33
Insurance
$166.67
Variable Expenses
$2000
Fixed Expenses
$960
Total Monthly Expenses
$4883.42
Electricity
$500
Gas
$200
Water & Sewer
$160
HOA Fees
$0
Garbage
$100
Other
$0
Total Fixed Expenses
$960
Vacancy
$400
Maintenance
$400
Capital Expenditures
$800
Management Fees
$400
Total Variable Expenses
$2000
Monthly Returns
The figures below estimate the costs of cashflow and returns.
Net Operating Income NOI
$37398.96
CoC ROI%
96000%
Purchase Cap
18.69948%
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
$1423.42
50% Rule Cashflow
$2576.58
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.