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Updated about 3 years ago,
Newbie Needs Help With Numbers
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.