Hi,I am new to RE Investing and would like to check if following numbers makes sense or am I missing anything:Property Details : 3/2 TownhomeIncome: $2800Expenses = $2700 (approx)Here is the break down.Mortgage + Tax +Insurance = 1800HOA = 265Vacancy = 5 % per month = 140Repairs + Cap Ex = 200PM = 10% per month = 280Total Cash Flow : $100I can get greater cash flow if I manage myself but I am not planning to do it.I am thinking of getting HELOC and buy a new primary residence and rent this one.

Shoot me a message if you would like to discuss further.

RE investing isn't a sprint, its a marathon.

Just like cash paying tenants you have to fully screen them to find the best ones.I sent you a connection request would love to discuss more.Thank you.Stephon

What are you trying to do / what are your RE goals?

Re hab properties. 

But this just means the competition between nationwide brokerage is intensified, folks expecting tech-driven RE company like Costar's homes.com and Zillow to take over traditional nationwide brokerage that lacks of efficiency or transaction cost.As real estate volume reduces and reduced commission would be the new game, I don't expect traditional brokerage could survive if they don't adapt. 

Hi Priscilla, I have funded some flips (and also raised money) in Orlando so I know the RE market fairly well.

I am watching podcasts, reading books and have signed up for the RE Rookie Boot Camp in May. 

PM me to discuss.