All Forum Posts by: Guy Primo

@Charles Carillo

If there were any issues with the property I do the work myself so it would just be cost for the most part, 5-10% of what for vacancy?

@Charles Carillo

Insurance taxes included in mortgage

@Max Maysonet. Can you explain COC ROI

This is what I’ve come up with, does this Make sense?

Property 250,000

25% down 62500

Mortgage 1332

Vac $100

Repairs $100

Unit 1 1400

Unit 2 1400

Rent $2800

Expenses 1532

Cash flow 1268

Cash flow x 12

1268x 12 months =15216 annually

Down pay 62500

Closing 5000

15216 \. 67500 = 0.225 x 100 =

22.55% ROI first year

These are approx expenses I just added $200 to the mortgage of $1332

Property 250,000

25% down 62500

Mortgage 1332

Vac $100

Repairs $100

Unit 1 1400

Unit 2 1400

Rent $2800

Expenses 1532

Cash flow 1268

Cash flow x 12

1268x 12 months =15216 annually

Down pay 62500

Closing 5000

15216 \. 67500 = 0.225 x 100 =

22.55% ROI first year

@Rick Martin what is a better options if I’m buying my first investment property, heloc or cash out refi

@Jaysen Medhurst you think a single family has better numbers than a 2 family?

@Jaysen Medhurst that’s another option I have been looking at, I’ve been looking at two family’s. But with the two family’s, yes no hoa fees but there are other expenses that come along with that.

@Jaysen Medhurst I’m thinking of purchasing a multi family or condo.

I talked to my broker he told me 15% is his personal goal when investing. Assuming you put Down 25%, He says if I invest 25k, then x .15 = 3750 / year or 312.50 per month. What do you think of 15% is this to low to high? ROI first year?

@Daniel Kidd @Lane Kawaoka thanks for this information this is all good info.