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Updated over 4 years ago on . Most recent reply
St J Vermont 3 Family Analysis
| 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?