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TO USE, SIMPLY COPY OR DOWNLOAD THIS DOCUMENT TO YOUR COMPUTER!
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Rental Calculator
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Purchase Info
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Property Value$550,000.00
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Purchase price$500,000.00
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Down Payment$50,000.00 10.00%
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Closing costs$26,000.00 5.00%
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Rehab$20,000.00
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1st Mortgage$450,000.00
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Mtg payment/mo$3,000.00 Mortgage Calculator:
https://thescienceofflipping.com/amortization-calculator/
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Total capital investment$96,000.00
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Cash Flow
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MonhlyYearly
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Monthly rent$7,000.00 $84,000.00
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Vacancy10%$8,400.00
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Property taxes416.67$5,000.00
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Ground Rent
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Maintenance reserves $ 50.00 $ 2,500.00
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Insurance$208.33 $2,500.00
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Property Management7%$5,880.00
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Sub total expenses$24,280.00
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Mortgage payment$3,000.00 $36,000.00
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Total annual expenses$60,280.00
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Net annual income$23,720.00
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Return on investment25%
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Monthly Income$1,976.67
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Equity$50,000.00
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