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Updated about 16 years ago on . Most recent reply

User Stats

19
Posts
1
Votes
David Howarth
  • Investor
  • Conroe, TX
1
Votes |
19
Posts

Accepted Offer - Cash Flow Statement

David Howarth
  • Investor
  • Conroe, TX
Posted

Ive got my first Rental Property up for rent this month.

Ive done alot of research and just wanted to see if these numbers seem realistic to the Pros.

Rentals in the area for a home similar to this one got for $1200-$1350

Monthly Cash Flow Statement

GSI: $1300
Credit Loss: -$26
GOI: $1274

Operating Expenses:
Taxes: $208
Ins: $104
Alarm: $50
Repairs: $25
Misc: $12.50
HOA: $12.50

TOE: $412

NOI: $862
ADS: -$754
CBT: $108

My main concern is the Repairs and Misc expenses. I want to make sure I am allocating enough for that unexpected expense.

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