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Updated over 6 years ago,

User Stats

142
Posts
37
Votes
Chris Ramos
  • Flipper/Rehabber
  • South Jordan, UT
37
Votes |
142
Posts

Performing Rental with all major Cap Expenses addressed and More!

Chris Ramos
  • Flipper/Rehabber
  • South Jordan, UT
Posted

GOOD LOOKING HOUSE INSIDE AND OUT!
Take a look at the REMODEL REMARKS.

This one was done right! City Certificate of Occupancy, fully Permitted!

REMODEL REMARKS:

SECTION 8 TENANT

COMPLETELY REMODELED WITH NEW:

  • ROOF WITH 30 YEAR ARCHITECTURAL SHINGLES
  • FURNACE
  • WATER HEATER
  • VINYL WINDOWS AND BLINDS
  • CARPET THROUGHOUT
  • KITCHEN CABINETS, COUNTER TOP AND SINK
  • TILE KITCHEN FLOORING
  • BATHROOM VANITY, MIRROR, TOILET, AND TUB
  • TILE BATHROOM FLOORING AND SHOWER SURROUND
  • PLUMBING AND PLUMBING FIXTURES
  • ELECTRICAL PANEL AND ELECTRICAL FIXTURES
  • DOORS AND HARDWARE
  • INTERIOR TWO-TONE PAINT
  • GUTTERS
  • LIGHTING THROUGHOUT

MAINTENANCE FREE VINYL SIDING

CASH FLOW ANALYSIS

850.00 Monthly Rent

$10,200.00 Gross Rents
-$1,020.00 ((10%)) Property Management Fee
-$1,217.00 Taxes
-$ 0.00 Utilities
-$510.00 Minus Vacancy (5%)
-$1,020.00 Minus Repairs, Maintenance, City Fees, Etc. (10%)
-$306.00 Minus Leasing Fee (3%)
-$0.00 Lawn Care
-$500.00 Insurance

$5,627.00 Net Rents divided by

$62,500.00 Purchase Price equals

Offering

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