Updated over 19 years ago on . Most recent reply
Calculating monthly profit
I am looking inot buying duplxes in my area for 115-150k.
I am trying to figure out what kind of positive cash flow they will create with zero down and the current monthly rental rates.
Example:
120k with 0 down
2800 a year in property tax
1800 in gross monthly rent
180 a month for proerty manager
How do I figure mortgage ins.?
Home ins?
and what else should I calculate?
Thanks