How to manual calculate COC return?
Hello everyone,
So I have a question...?
I checked to see if an multi house investment could give me a good Cash flow or good Cash on cash return. So in the messy picture I will post below I got a 39.72% rate of return annually and a 7.94 Cap rate. I know I am doing something wrong or missing something what can it be? The only thing I haven’t place is my amortization and appreciation rate but that should make it more.
I did use the calculator and got around 10% but I like to deal with the numbers and understand the math very well that’s just me, any help.
Most Popular Reply
At least in FL taxes are recalculated after you purchase to closer to purchase value. so we use a formula to estimate taxes, which is Purchase price X 80% x 2% = annual property tax. in this case would be close to $8,000/yr