Welcome to the RolandoGill.com Blog

2011-01-21 09:00:38
Would you do this deal? 1/21/2011

Duplex rental income - 1400.00

 

Monthly Expenses

Payment - $644

Taxes - $97

Insurance - $60

Management Fee - $140 (they typically will charge 10% of gross rental income)

Maintenance - $75 (I usually budget $25-50 per month per unit to cover upkeep on the property)

Vacancy Rates - $70 (most people use 5% of the rental amount as they plan for vacancies

Total expenses - $1096

 

Projected Net Monthly Cash Flow - $1400 - $1086 = $314

 

Annual Return: 12 X $314 = $3768

 

Return on Investment (1st year) - $3768 /$19,500 (Down payment) = 19% Return

 

Call me - 801-694-9955

 
Blog Archive
2016-12-29 10:19:05
Should I call the number on the sign?

2011-06-09 11:34:30
Stats - 25% short sales 6/9/2011

2011-06-04 06:29:24
For Sale by Owner or Hire an Agent

2011-06-02 08:46:29
Stats - Sales, sales and more sales 5/31/11

2011-05-12 12:36:51
First Spring numbers, more homes sold 5/12/2011

2011-04-30 07:32:34
Cheaper to buy than to Rent

2011-04-26 12:17:34
Stats - Short sales on the rise 4/26/11

2011-04-21 13:31:04
Dave Ramsey says 'Use an Agent!'

2011-04-20 20:36:01
Protect and Defend the Mortgage Interest Deduction

2011-04-19 12:00:01
#1 Barrier to Home Ownership

2011-04-18 13:13:34
Happy Tax Day

2011-04-15 07:24:36
Utah #4 in Foreclosures

2011-04-14 14:46:26
Regulators Regulators Regulators

2011-04-13 09:51:27
Stats - Seasonal bump in sales 4/13/11

2011-04-12 08:53:51
Protecting the American Dream. I am in!

2011-03-29 10:09:17
Why Would My Lender Accept Less Than Is Owed?

2011-03-22 08:51:20
Stats - 6600 homes for sale, only 639 sold 3/15/11

2011-03-11 11:10:49
Stats - 1700 New Short Sales Listed 3/11/11

2011-03-01 08:35:41
Sales in Salt Lake County are increasing

2011-02-16 16:19:29
Stats - The year of the Short Sale 2/16/2011

2011-02-09 11:12:27
Stats - 50 per cent Fail 2/9/2011

2011-02-08 06:50:49
Median Shmedian 2/8/2011

2011-02-04 08:57:58
Shadow Inventory 2/4/2011

2011-02-02 15:15:43
Stats so you can sound smart. 2/1/2011

2011-01-27 17:54:30
The Basics of Buying a Home

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