I would like to know what are the best areas to invest in that cash flows and have a low vacancy rate in new jersey. im also open to p.a. and Maryland. 

I like to see at least $200 and more likely $250 in the vacancy,repairs and capex reserve.

.- Cap rate: 13.59%- Cash flow includes rent payment minus HELOC interest only payment, taxes, insurance, maintenance and vacancy loss of 10% annually, and 8% property management.What made you interested in investing in this type of deal?

.- Cap rate: 13.59%- Cash flow includes rent payment minus HELOC interest only payment, taxes, insurance, maintenance and vacancy loss of 10% annually, and 8% property management.

Does it account for vacancies and/or expenses?

We are experiencing record high vacancy at the moment. 

@Michael Tucker Are you including property management, CAPEX, repairs, & vacancy in your monthly expenses?

Originally posted by @Jarod Castaneda:@Guifre MoraRental Property Cash Flow Analysis   Monthly Operating Income Scenario A Number of Units 1 Average Monthly Rent per Unit 1,575.00 Total Rental Income 1,575.00 % Vacancy and Credit Losses 5.00% Total Vacancy Loss 78.75 Other Monthly Income (laundry, vending, parking, etc

Here is my question- when I am calculating all the variable costs that go into cashflow (repairs, vacancy, CapEx), should I be planning to add those amounts to my reserves every month once I have a tenant (if nothing goes wrong and I don't have to spend that money) or do I just maintain a certain reserve balance and consider the rest of it to be profit once I have a solid reserve balance?

Keep the rest for improvements and vacancies.