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Updated over 6 years ago on . Most recent reply
Do these numbers look right?
I’m thinking about getting a vacation rental. The guy in getting it from says the numbers work for him but i cant get then to work.
Cost: 235,000
Rent: 2,500
Tax: 118
Insurance: 100
Managment: 500
Mortgage: 1200
HOA: 40
Repairs: 250
Cap. Ex: 250
Vacancy is already calculated into rent.
Most Popular Reply
@Andrew Fredricks I’m just making sure I ran the numbers right. Also, biggerpockets re formatted that, the number is after each category. For example, hoa is $40/month, mortgage is 1200 a month. Hopefully that clears things up (: