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Updated about 3 years ago on . Most recent reply

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5
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0
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Tawannie Adjodha
  • Fort Lauderdale, FL
0
Votes |
5
Posts

Newbie Needs Help With Numbers

Tawannie Adjodha
  • Fort Lauderdale, FL
Posted

Newbie here! I'm getting my butt kicked with this deal analyzer!

Do my numbers appear realistic? Any suggestions?

How do you calculate insurance? 

Multi-unit property in great community of Fort Lauderdale, FL

8 Residential units 2 Bed / 1 Bath, fully remodeled.

2 Commercial space unit. Zoned for both.

  •  Total expenses$15,844
  •  Mortgage$3,055
  •  Taxes$2,542
  •  Insurance$1,300
  •  Variable expenses$7,897
  •  Fixed expenses$1,050
  •  Fixed expenses$1,050
  •  Water & sewer$800
  •  garbage$250
  •  Variable expenses$7,897
  •  Vacancy$1,755
  •  Maintenance$2,632
  • CapEx$1,755
  •  Management fees$1,755

Monthly cash flow: $1,900 /mo

Income: $18,600 /mo

Expenses: $16,699 /mo

CoC ROI: 10.05%


Any insight would be greatly appreciated.

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