Here is what must take into consideration.1.Income:Rental income=$2000Laundry=0Storage=0Misc=0Total monthly income:$20002.Expenses:Tax:$150.00Insurance:$100.00Utilities: Electric, sewer, water, trash and gas:$0.00HOA fees or Home Owner Association:$0.00( it will only cost nothing if the home is not located in a HOA area.)Lawn care:$0.00Vacancy:$100.00Repairs:$100.00Capital expenditures: $100.00Property management:$200.00Mortgage(only if you don't pay cash):$860.00(Assumptions about mortgage:Put down money for a down payment.Get a $160000 mortgage with 5 percent interest in a 30 year span.)Total monthly expenses:$1610.003.Cash flow:Income:$2000.00Minus expenses:$1610.00Total monthly cash flow:$390.004.Cash on cash ROI or return on investment:Down payment:$40000Clothing cost:$3000Repair money or rehab budget:$7000Misc other:$0.00Total investment:$50000$390.00*12=$4680.00Annual cash flow=4680Total investment =500004860÷50000= 9.36 percentCash on cash ROI is equal to 9.36 percent.

Its considered low money down because you have a down payment of 3.5 percent to 5. 

When an HOA covers the exterior (driveway, lawn, shingles/roof, siding...) and I would be responsible for windows and interior... how would you calculate CapEx/what percent would you use?

Each of our four mortgages are approximately four years old, and they are all 30 year fixed mortgages with interest rates averaging just under 4 percent.

For instance, if you run the numbers and see you can BRRRR and achieve a 10 percent ROI, but you know you are averaging a 30 percent ROI on most other deals, you may want to sell that property and recover your money to put somewhere else that will give you a better return.This becomes especially important when you are likely to add more equity to the property than you originally anticipated.

During the Asian financial crisis, prices of condominium dropped between 9 percent and 14 percent from 1998 to 1999, followed by a recovery in 2000 when prices grew by 24 percent.

The survey was conducted in August among NARPM’s 6,000 members with 299 responses.Nearly 79 percent of property managers who responded reported that 91 to 100 percent of their tenants had paid their August rent in full and on time, and another 14 percent said that 81 to 90 percent of tenants had paid in full and on time.

The eye-popping 2.86 percent for the week ending September 10, 2020 is down from last week when it averaged 2.93 percent.

.$7,313,488.00 in Total Lifetime Sales$870,848.48 in Payments to dateMonthly payments total $112,435.60Interested in more info?

There are so many different financing options for multi-families, but you need to understand the terms and make sure the deal meets the mortgage holders requirements in regards to debt to income, percent down, etc.