Skip to content
×
Pro Members Get
Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
ANNUAL Save 54%
$32.50 /mo
$390 billed annualy
MONTHLY
$69 /mo
billed monthly
7 day free trial. Cancel anytime
Pick markets, find deals, analyze and manage properties. Try BiggerPockets PRO.
x
Results (10,000+)
Max Householder Our First Investment Property: Year 1
9 October 2018 | 6 replies
I found posts like this to be helpful when I was first learning about investing in real estate, so hopefully someone on here can get something out of it.Our goals were to cash flow $100 per month per door, have a cash-on-cash ROI of 12%, and achieve a total return of 20%.Purchase price: $179,900Our loan is a 30-year fixed rate residential mortgage at 4.25%25% Downpayment: $44,975Mortgage Payment (Principal & Interest): $663.75Operating Income$26,435 scheduled gross rents (4 units)$(1001) vacancy$600 garage rent$11 interest$26,045 gross operating incomeOperating ExpensesProperty Management (10% of gross rents): $(2543)Leasing fee for new tenant placement: $(550)Sewer: $(1397)Water & Trash: $(1232)Lawn care/mowing: $(350)Gas & electric during vacancy: $(228)City occupancy inspection aka government extortion fees: $(183)Maintenance & Repairs: $(3594)Property Taxes: $(2009)Insurance: $(983)$(13,069) gross operating expenseNet Operating Income: $12,976Mortgage P&I: $(7965)Cash Flow Before Taxes: $5,011Cash-on-cash return: 11%Equity Accrued: $2275Total Return: $7286Total ROI: 16%We hit our cash flow number almost exactly at $104 per door while our ROI and total return came in a little under our projections, but pretty damn close.
Steven Mcclerkin Lets Talk! Hello from Dallas Tx.
11 April 2018 | 3 replies
You WILL totally miss something & it WILL cost you.
Shaun Alexander New member with a big problem! Contractor wants more money
21 April 2018 | 14 replies
He is now claiming material price and labor increases over 6 months to the tune of $40000 (total project price is $292000).
David Rutledge Conventional loan with seller financed properties
5 April 2018 | 5 replies
Good afternoon,I am a relatively new investor with a total of 5 properties.
Dale Vance Cash out refi to buy more real estate.... why?
5 April 2018 | 5 replies
Each building grosses $2700 a month / $5400 total.  
Diane Linette HELP! Experience w/gutting/rebuilding rentals-is this worth it??
4 April 2018 | 0 replies
I've (voraciously) listened to BP, and how they've been able to use PM to rehab units (total of 6 units, after turning the 2 stories into duplexes), and was hoping to get a good deal. 
Michael Arnold Exterior Paint Simulation
4 April 2018 | 1 reply
I’ve attempted using a few websites and plenty are total garbage.
John Transue My story as military active duty using VA loans (2002-2018)
20 April 2018 | 4 replies
Equity is $170K-106K (64K), 275K-215K (60K), and 205K-170K (35K) for total equity of $159K and about 36K of total investment.
Benjamin Riehle Big Win in the Tucson Market
5 April 2018 | 3 replies
With that knowledge, I was able to confidently invest in a SFH that only needed minor repairs to become rentable, to gain immediate cash flow, as I waited for the market to appreciate.The goal was to buy and sell within one year.Breakdown: Purchase date: 6/30/2017 Listed: $60,000 Under Contract (as the Buyer): $55,000 Acquisition Price: $46,250 Renovation Cost: $1,955 Total investment: $48,205 Ten months after the purchase, we are under contract on the selling side at $65,000.
Kari D. New driveway to add value to heloc appraisal?
4 April 2018 | 0 replies
Sq footage of concrete probably totals around 1k and my husband is able to complete the work himself, so costs would only be for dump and materials.