Updated almost 5 years ago on . Most recent reply
Seeking BRRRR + HouseHack Advice
| Mancos | Expenses | |||
| Water | 79 | |||
| 0% Down Payment Assist | 40 | |||
| Purchase Price | 220,000 | Repairs (5%) | 55 | |
| First Mortgage | 213,400 | Vacancy (5%) | 55 | |
| Silent Second | 6,600 | Cap Ex (10%) | 200 | |
| Closing Costs | 5,000 | TOTAL | 429 | |
| Out of Pocket Repair Costs | 15,000 | |||
| Utilities | ||||
| Insurance | 75 | Trash | ?35 | |
| Taxes | 86 | Electric | 80 or more AVG | |
| Mi | 70 | Gas | ?65 | |
| Mortgage w/ T&I&Mi | 1,100 | TOTAL | 180 | |
| Rental Income | 2,000 | Rehab | 15000 | |
| Mortgage | 1,100 | Down Payment | 0 | |
| Expenses | 429 | Closing Costs | 5,500 | |
| CASH FLOW | 471 | Holding Costs (1.5 mths) | 1,650 | |
| Annual Cash Flow | 5,652 | 139 | ||
| CCRoI | 25.27% | 75 | ||
| ) | ||||