All Forum Posts by: Tawannie Adjodha

@Danielle Jackson,

Hunting for more brokers today. Really appreciate your help.

My variable expenses: 

Variable expenses: $8,370

• Vacancy $1,860 (10%)
• Maintenance $2,790 (15%)
• CapEx $1,860 (10%)
• Management fees $1,860 (10%)

You think it's too much for a building built in the 70s?

@Justin Goodin

"Ball park quotes." Got it. Should I let them know I'm an investor looking into the numbers on the property? I really haven't had any luck getting insurance agents on the phone.

 I've been reaching out to insurance agents but can't seem to get anyone to answer their phone.

Variable expenses: $8,370

• Vacancy $1,860
• Maintenance $2,790
• CapEx $1,860
• Management fees $1,860

Too much? 

Thank you for your input.

Newbie here! I'm getting my butt kicked with this deal analyzer!

Do my numbers appear realistic? Any suggestions?

How do you calculate insurance? 

Multi-unit property in great community of Fort Lauderdale, FL

8 Residential units 2 Bed / 1 Bath, fully remodeled.

2 Commercial space unit. Zoned for both.

•  Total expenses$15,844
•  Mortgage$3,055
•  Taxes$2,542
•  Insurance$1,300
•  Variable expenses$7,897
•  Fixed expenses$1,050
•  Fixed expenses$1,050
•  Water & sewer$800
•  garbage$250
•  Variable expenses$7,897
•  Vacancy$1,755
•  Maintenance$2,632
• CapEx$1,755
•  Management fees$1,755

Monthly cash flow: $1,900 /mo

Income: $18,600 /mo

Expenses: $16,699 /mo

CoC ROI: 10.05%

Any insight would be greatly appreciated.