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Updated about 2 years ago,

User Stats

59
Posts
18
Votes
Rob Nappi
  • Investor
  • Santa Rosa, CA
18
Votes |
59
Posts

Cash flow (looking good!)

Rob Nappi
  • Investor
  • Santa Rosa, CA
Posted

Are these numbers good for cash flow? 

$90k property purchase price 

5k closing 

25% down 30 fixed rate @6% 

CASH FLOWING: $2,194 after everything.

Gross rental income $4200 a month 

Monthly expense breakdown

Total expenses$2,005

Mortgage$405

Taxes$122

Insurance$100

Variable expenses$714

Fixed expenses $665

electricity$120

gas $50

water & sewer$175

garbage$50

business tax/legal $150

yard care $120

Variable expenses$714

Vacancy$0

Maintenance$189

CapEx $105

Management fees$420

Looking for feedback, direct message me to discuss further. 

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