Learn about operating costs, vacancy factors, and capital expenditures.

Expenses: tax = $175/month (1% rate), insurance = $83/month ($1000/yr), Vacancy = $140/mth (10% of rental income), Repair = $140/mth (10% of rental income), management company = $112 (8% of rental income) + $1400 for listing and find renter fee (equal to one month rent).

That's their way of accounting for future vacancies, etc.

There should have been a posting put on a window or door for Notice of vacancy and what company is maintaining the property.

Go to the BP file place and download the SFH rental analysis tool spreadsheet, this will give you a more detailed look on returns, vacancy, maintenance, with/without a property manager, etc. give it a look but looks like a good value.

I bought a property once and after the first weekend I owned it I had 3 vacancies and the building only had 4 units.

Some more winners12) Insurers-decreased chance of an empty house being broken into by copper thieves or other vacancy issues.13) Building supply stores- Will sell additional materials to the end buyers who are improving their home.14) Private mortgage insurers (if there was one involved) will not have to pay off on a foreclosed property.

They have notified you that they're moving out and you must now diligently look to fill the vacancy with a qualified tenant.

Vacancy in the area has been less than 6% for years.

It has central air.List Price: 49,900 (looking to negotiate closer to 45,000 with closing costs)Monthly Rent: 700 ($50 below market rent to fill fast)Vacancy: -70Management: -70Taxes: -37Insurance: -59HOA dues: -10Maintenance: -100********Monthly cash flow: $354Annual cash flow: $4248Cap Rate: 9.4%Comps in the area for mobile homes are in the 30k-60k range.