
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.

11 April 2018 | 3 replies
You WILL totally miss something & it WILL cost you.

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).

5 April 2018 | 5 replies
Good afternoon,I am a relatively new investor with a total of 5 properties.

5 April 2018 | 5 replies
Each building grosses $2700 a month / $5400 total.

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.

4 April 2018 | 1 reply
I’ve attempted using a few websites and plenty are total garbage.

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.

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.

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.