CASH FLOW $200 IN DELTONA WITH OVER 7% RETURN

[Jason Malabute]

Is anyone cash flowing in Deltona over $200 per month with over 7% cash on cash return?

If yes, what percent are you using in your vacancy, repairs, and Capex?

I am currently using:

vacancy - 4%

repairs- 5%

Capex- 4%

PM- 5%

home insurance- 1% of annually

landscaping- $100

tenant placement - $79

termite bond - $25

legal and professional fees - $21

I find myself offering well below market to meet my criteria and I am not even hitting $200 cash flow on my analysis. Am I doing something wrong?