Accounting for 10% management, 5% vacancy (2 year lease locked in on tenant that has been there 2 years already..) 10% cap ex, and 5% maintenance.

It will help you adjust your pricing to improve your vacancy rate. 8.

Everything was going well until i got a vacancy, stessa will create a listing but its struggle is syndication. 

Granted once I rent out the unit I leave, after vacancy and everything we would cash flow almost 400(minus heloc as well)All the deals I find.

Treat this property as a business and factor in all the associated expenses, including mortgage payments (if you pull a loan), maintenance, and potential vacancy periods.To simplify management and make this less of a hands-on job, I’d strongly recommend working with a property management company.

We have never collected that and it is not a significant cost.Also be very careful changing criteria mid stream, I would only change it between vacancies. 

If you want to do it yourself, be ready to answer text messages at 3 AM, solve problems within a 2 hour window, deal with contractors who aren’t able to “turn” a vacancy quick enough, and guests who want “instant” gratification.  

If we had a great tenant for 5.5 years at our property, we would not charge any cleaning fee outside of the excessive cleani gs (such as trash out of the shed). 5.5 years of not having to turn the unit and not dealing with vacancy is huge.

And, analyzing ROI, CoC, and rent vacancy rates, etc are all manual. 

But I also understand some people don’t really care about the cash flow as much as the security of not having to worry about a vacancy or whatever.