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Updated over 6 years ago on . Most recent reply

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6
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Adam Frey
  • Wichita, KS
1
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6
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Please help me analyze

Adam Frey
  • Wichita, KS
Posted
I found a $50k house. I will put $10k down and that will make piti $350. The house rents for $650. Which means: Total rent collected is $7800. Total PITI is $4200. The surplus is $3600 I need to deduct for vacant, cap ex, repairs etc I have heard 50% and 40%. Which one do you guys use? Do you deduct that percentage from the $7800 or from the $3600 surplus?

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