More Details on the Deal I post before

Purchase Price 75000

Monthly Expenses
Taxes 25
Insurance 10
Association Fees 110
Management Fees 60
Maintenance (Estimate) 25
Total Expenses 230

Monthly Income
Rent 750

Net 520

Assume a commercial mortgage rate of 7%, the monthly mortgage is going to be $500.

So, there are $20 of cash flow on each unit.

I haven't calculated the vacancy yet.

What do you guys/gals think?

所有跟帖： 

• Some more items to include: -miat42- ♂ (712 bytes) () 12/03/2007 postreply 09:41:49

• I am going to negotiate the price down, otherwise will give up -va_landlord- ♂ (63 bytes) () 12/03/2007 postreply 10:48:55

• Finding a good deal is like finding a wife, it can take -miat42- ♂ (43 bytes) () 12/03/2007 postreply 11:39:27

• 呵呵呵、、、油菜！ -表情符号- ♀ (0 bytes) () 12/03/2007 postreply 12:12:06

• 回复：I am going to negotiate the price down, otherwise will give u -start111- ♀ (803 bytes) () 12/03/2007 postreply 12:11:09

• location, always location. -thornbird888- ♂ (0 bytes) () 12/03/2007 postreply 12:25:38