All Forum Posts by: Edward Agadjanian

Or maybe I'm not plugging in the information from the actual property, right, especially when it comes to the income I can get from the property in addition to just the rent I charge? I'm looking at properties in the Midvale/Cottonwood Heights/Sandy area. The 5 or so I've calculated so far yielded negative CoC ROI. Does that just indicate a bad market for real estate?

Thanks for the feedback, Rachel. Yeah, a lot of these are rough estimates based on average prices in Utah. I was watching a BiggerPockets webinar and kind of just applying the same percentages to areas that Brandon was applying. What are your recommended percentages for those fields (assuming the property doesn't require any significant repairs)? 

As for management, I would like my first property to be close to where I live so I don't have to spend so much on management, but let's say I have a full-time job, and I don't want to have to manage it all the time, what do you think is a reasonable management percentage to apply in that case?

Can you try it again? Maybe report-sharing wasn't enabled when I linked it. Thanks!

No, nothing? Alright then...

Nope, this is what it looks like:  https://www.biggerpockets.com...

Okay, so I've looked at 3 properties right now in the Salt Lake City area. All of them have produced a negative CoC ROI of about -5 to about -9% on the rental property calculator here. Am I doing something wrong? Maybe I'm calculating the gross monthly income all wrong because I'm basically using Rentometer and taking the average rent from that area. I mean Cottonwood Heights is supposed to be a decent area. How common is it to get a negative Coc ROI from the calculator. I'd really appreciate some advice on this.