All Forum Posts by: Pavel Shemyakin

Take the price of your home, lets say - $150k. 1% of that would be $1,500. That, as a base guideline, should be your monthly rent. 

$1,500x12=$18,000

$18,000/150k=12% capitalization rate.

Very base analysis. You would also need to run taxes, cost of capital etc.

Hope that helps.

Hello everybody! I am looking into buying my first investment property, and would love some feedback on a property i am looking at.

Property: SFR, 4/2.

Condition: Turnkey. Fully remodeled.

Price: 150k

Rent: I can possibly rent it for $1,500/mo. I can definitely rent it for $1,400/mo. I can list it at $1,300 and have it filled the next day.

Area: Property sits right next to a military base. National park near by that brings turists.

100% financed through VA.

Swamp cooler / septic tank.

Just under 2000 square ft.

I also want to hear your guy's opinions on swamp coolers. The roof has that ugly swamp cooler streak on it, and since this is my first real estate deal, i dont know if i should worry about it. Does it pose and structural damages or is it strictly cosmetic?

I appreciate any help i can get!

-Pavel.

I just want to say that i am eternally grateful to Morris Invest! If it wasn't for them, i would have never stumbled upon this thread. Thank you all for shedding light on this matter.