– Numbers –
Purchase Price: $22,500
Est. Rent: $600/mo
Taxes: $275
– Monthly Income & Expenses –
Est. Rent – $600/mo
Taxes – $23/mo
Insurance – $50/mo
Management Fee – $60/mo
Vacancy / Maintenance – $42/mo
Net Cash Flow = $425 x 12 (Months) = $5,100 Yearly Net Income
$4,000 (Estimated Rehab) + $22,500 (Purchase Price) = $26,500 (All in)
$5,100 (Yearly Net Income) / $26,500 (All in) = 19% COC Return