I use the 50% rule to quickly analyze a property
Property
Irvington, NJ
265,000 with property tax being just under $11,000
2 bed/ 1 bath over 2 bed/ 1 bath
rent according to zillow is 1,400 for an updated , nice ...
50% of goss rent goes to expenses right?What expenses are those?Does it include insurance or PMI?Or insurance and PMI is in my mortgage?50% gross rent for expensesAnd 50% for mortgageSo insurance and PMI is an expens...
I'm new to REI and thinking of buying a 2 unit duplex. I was wondering, should I use the 50% rule when analyzing a duplex as well as a SFR, or should the 50% rule be modified for a duplex?
I'm looking at buying a beach house in South Carolina. The rental season from what I can tell is only really 5 months. I want to purchase a 2nd home and rent it out for as much as I can but take advantage of it in the...
Hello BP,
I'm an experienced investor in SFH/condos and I'm considering purchasing my first 12 unit in New Mexico. I have it under contract for 183K. It is actually (3) 4 plexes on 1 lot. It is in a mixed area, s...
First, I know the 50% rule is a guideline and not a rule. I am curious: Given the high property taxes here the Dallas area, how achievable is the 50% rule?I ran a report using a house whose ARV is $150,000, bought at ...
When analyzing a property on a site like LoopNet, do you use their NOI that the seller has listed, or will you calculate your own NOI using the 50% rule or something similar to analyze it?
In applying the 50 % rule do you generally do it after vacancy or is vacancy part of the 50% allocated towards expenses?
Hello BP Community,I am curious if there any any multifamily property owners who can assist with basic underwriting. Using the syndicated deal analyzer, from Michael Blank, 50% is a rule of thumb used for expenses for...
I've been reading about the 50% rule (a quick way to estimate expenses being 50% of gross rental income) and have tried to apply it to properties for sale and it always comes out consistently too high. The numbers I'...