Skip to content
×
Try PRO Free Today!
BiggerPockets Pro offers you a comprehensive suite of tools and resources
Market and Deal Finder Tools
Deal Analysis Calculators
Property Management Software
Exclusive discounts to Home Depot, RentRedi, and more
$0
7 days free
$828/yr or $69/mo when billed monthly.
$390/yr or $32.5/mo when billed annually.
7 days free. Cancel anytime.
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
Real Estate Deal Analysis & Advice
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated over 4 years ago on . Most recent reply

User Stats

1,870
Posts
777
Votes
Aaron Montague
  • Rental Property Investor
  • Brookline, MA
777
Votes |
1,870
Posts

St J Vermont 3 Family Analysis

Aaron Montague
  • Rental Property Investor
  • Brookline, MA
Posted
Total Loan  $ 94,500.00
% Down Payment 25.00%
Down Payment $ 23,625
Remainder of closing costs $5,500.00
Cash at Closing (Renovation Cost) $0.00
Total Due at Signing $ 29,125
Mortgage Rate 5.50%
Length of Mortgage in years 30
Monthly Mortgage payment $402.42
Taxes $ 250.67
Sewer and Water $ 125.00
Trash $ 100.00
Heat/Utilities $ 25.00
HOA/Legal $ 8.50
Cap Ex and Ops $ 300.00
Insurance $ 125.00
Mgmt Fee $ 240.00
Vacancy $ 194.40
Total Expenses $1,770.99
Unit 1 $ 800.00
Unit 2 $ 800.00
Unit 3 $ 800.00
Total Revenue $ 2,400.00
Cashflow/month $ 629.01
Cashflow/year $ 7,548.15
Cash on Cash Return 25.92%

The place is along the lower, main street in St J.  The price has me thinking there are serious issues despite the claims of 'everything renovated in the last 5 years.' What are your thoughts on the numbers?

  • Aaron Montague
  • Loading replies...