Khaled Seirafi
Not renewing lease for commercial tenant CA
28 June 2018 | 13 replies
@Kal Seirafi ah the bay area... so multiply my figures by 10x.
Eric Castelli
4 Family Deal Advice
20 November 2015 | 2 replies
Three long term tenants but one unit just vacated (they are filling now).Here's the numbers:Price $137,000.00Down Payment $27,400.00Loan $109,600.00ExpensesMortgage $588.36Property Taxes $238.00Insurance $100.00 (estimate)Landscape $50.00Utilities $230.00 (owner reported)Property Manager $193.50 (9% estimate)Vacancy $129.00 (6% estimate)Maintenance $129.00 (6% estimate)Cap EX $129.00 (6% estimate)Total Monthly Cost $1,786.86RevenueRent $2,200 (4 @ $550)Cash Flow:Monthly Net $433.14Yearly Net $5,197.72Return CalcsMonthly Rent Multiplier 1.57%Cash-on-Cash Return 18.97%Cap Rate 8.95%I am investing solely for cash flow and don't expect any appreciation in this area.
Jordan Gerkin
Property Taxes Increased by more than double
24 January 2023 | 17 replies
It’s either your accessed value which never seems to go down or the multiplier.
Joe Salimao
LLC's vs Umbrella Policy
21 June 2018 | 33 replies
Multiply those costs by the number of LLCs you have.
Bonnie Low
Is there a rule of thumb for estimating STR expenses beyond PITI?
8 January 2022 | 7 replies
@Bonnie Low Depends on market and a lot of other things, but NOT including PITI payments, I use 0.4 as a multiplier for my Tennessee properties to guesstimate expenses.
John Public
Which is safer for long distance apt ownership
20 August 2007 | 10 replies
My investment is in a mini-storage, and we did look for one that was poorly managed, had high vacancy, and had a disinterested owner.I'm sure it is high risk to buy a property with a high gross rent multiplier.
Brian Hosier
What's a Good Cash-on-Cash Return?
9 September 2020 | 13 replies
I like the gross rent multiplier and NOI.
Erinne Leigh hart
New to rental investing , need advice
27 November 2016 | 3 replies
3. multiply the rent by 504. if the all-in cost (PITI+vacancy+maintenance+management+incidentals) is about the same price, you likely have a good cash flow property.5. sales 101: every profit is a good profit. maybe it's only one cent, if so, do thousands more.
Ryan VandeVelde
Property Analysis Advice
11 May 2016 | 6 replies
When you are doing that rough calculation multiplying monthly rent x 60 to get max price you will pay (including any rehab costs).
Scott Scribner
New Year's Goals for 2008?
20 February 2008 | 16 replies
I hope to multiply my current income by 5 this year (that's a low estimate). 10 would be ideal!