Rent for $1500+ per month and you make 205% ROI with an annual cash flow of $4,947.

Hi guys, looking towards a first rental property and was hoping a few could review the hard metrics to see if this would be a good return.Price=$400,000Down=$40,000Annual rental income=$27,000Annual expenses=$9,500Closing costs=$10,000Mortgage payment annual=$20,800With these I get a cap rate around 4.4% and cash on cash at -6.5%.

I've known HOAs to charge as much as one month rent annually. 

When I run a calculation on my small rentals or my syndication investments, I'm making an average annual return (AAR) of anywhere from 14-30% on my capital.

What annual cash flow (after all expenses and mortgage) do people aim for?

The annual gift tax exclusion is $15,000, which means if you gift someone more than than in a year you have to file a gift tax return.

If you were thinking that the 5% rate is monthly (based on $40k), then you'll be happy to know that it's an annual charge, which means your monthly interest would be $2000/12 = $166. 

My total annual energy/electric bill would be in the $2000-$3000 range (solar reduces it).

I then queried the data-set for each cohort and computed the median cap rate based on 50 percent of annual median rents divided by the median home value for each respective census tract.I then filtered the data set for cohorts with 100 or more samples to eliminate any potential outliers. 

And my annual cash on cash return will be 34%.