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4 August 2014 | 15 replies
CapEx as I understand it is Capital Expenditure.
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16 April 2016 | 9 replies
A duplex in a good area should give you good tenants and not too many headaches.One percentage I might question is the 10% for maintenance and capital expenditures.
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25 June 2014 | 6 replies
You should have some type of reserve study to analyze future capital expenditures.
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13 June 2014 | 19 replies
Learn about operating costs, vacancy factors, and capital expenditures.
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27 May 2014 | 4 replies
Capital expenditures have to be depreciated over multiple years.
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2 October 2014 | 24 replies
As a frame of reference the realtor I dealt with three years ago to buy my personal residence answered his phone or text the majority of the time right away or would return your call within the hour; that is what I have come to expect as the norm until now.The snot nosed kid in the backseat comment was way out of line considering the lack of information the poster had beforehand; on average I contact my agent about once a week to exchange information, not cry about not having showings/buyers.I expected going in that this house would take longer to sell, I didn't go overboard with updates or expenditures, and I have it currently listed about 10K above my break even point.
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27 September 2014 | 2 replies
You should be budgeting for maintenance and capital expenditures.
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12 September 2022 | 21 replies
Even if it takes 10 hours, an extra $1350 in your pocket is huge.The numbers on this place will tell the story:Rent $1350Mortages, Interest, Taxes, Insurance $1050$300 left for everything else$150 budgeted for Capital Expenditures (new roof, new water heater, etc) and maintenance (minor plumbing repair, fixing a busted screen door, etc) - $150 leftVacancy - $108/month - $42 leftThat is what you get to put in your pocket at the end of each month.
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6 October 2014 | 3 replies
Below are my numbers (I ran the numbers as if I am financing the 10k through HUD at a 30 term, although I'm just losing potential interest 2-4%) Purchase Price $10,000.00 Home Value $47,500.00 Interest Rate 3.5% Down Payment 6.00% of the purchase price $600.00 Amount Financed $9,750.00 Income Rent $1,000.00 Other Income 0 Capital Appreciation Rate -1.60% per year of home value $46,740.00 Total Income $1,000.00 Expenses Mortgage 30 year term $27.08 Taxes 1.05% of value of home $41.56 Insurance $100.00 Flood Insurance Repairs 10% of the mortgage $100.00 Vacancy 10% of the monthly rent $100.00 Capital Expenditures 10% of the monthly rent $100.00 Water Tenant pays $0.00 Sewer Tenant pays $0.00 Garbage Tenant pays $0.00 Gas Tenant pays $0.00 Electricity Tenant pays $0.00 HOA Fees Flat Lawn Care $25.00 Property Management $110.00 Total Expenses $603.65 Cash Flow $396.35 Cash on Cash Return on Investment 66.06% Annual NOI $4,756.25 Cap Rate 792.71%Am I missing something critical?
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23 February 2011 | 5 replies
So my capital expenditures should be very low, if any, depending on the amount of time I keep the house.