All Forum Posts by: Krystian Kucharzyk

@Oliver Alfaro Im closing on a multi in NH also, would love to know who you went with for insurance!

@Joe Splitrock ahhh thanks for this!  Ya I know PRO has a calculator, which I may use in the future, but I like doing the calcs on my own since I'm just staring out and want to understand the calculations and implications first :)

Thanks everyone for the feedback. I tweaked the inputs but I suspect the calcs are still off based on the comments :\

Home Price: 235k
Monthly Rental Income: 1950

20% Down: 47k
Interest 4%
30y Fix

Monthly Mortgage+taxes+insurance: 1434
12% monthly PM fee: $234
5% vacancy: $97.5/mo (5% x 1950)
Monthly Cost: 1765.50 (1434+234+97.5)
Y1 NOI: 2214 (1950-1765.5)*12

Cap Rate: 0.94% (2214/235,000)

5% Closing Costs: 11750 (5% x 235k)
Est repairs: 1k
Up front costs: 59,750 (47k+11750+1)

CCR: 3.71% (2,214/59,750)

[First time investor here!]

I'm a first time RE investor running some numbers on rental properties available in my area (Connecticut) specifically on single families and duplexes. I understand the difference between Cap Rates and Cash on Cash Return rates. But having trouble grasping what is more important when my goal is to generate passive income. For example I'm looking at one property with a 1.9% cap rate, but 8.1% CoC.

Any advise would be hugely helpful!

Just moved back to CT after living abroad for 6 years and have started exploring investing in real estate back home, would love to connect with you all!

I'm specifically looking to house hack a multi-family, so I'd love to hear how your journey is going so far @Tracy Opoku!

@Jaclyn P. I'd also love to get added to the SE CT group :)))