I have the following deal. I want your help to analyze it and see if it is profitable or not. I also want to know if I am forgetting some factor or cost.
Total Value: $1.375.000
Down payment $343.750
Number of Unt: 20 Unt
NOI (90% occupancy): $145.800
Loan(tax, principal and interest): ($103.514)
Repairs and maintenance (6%): ($8.748)
Adm fee: ($5.832)
Insurance (extimated): ($3.000)
Total Net: $24.706
I really hope you can help me and give some advice.
@Camilo Rey One major line item that I would include is Capital Expenditure. These are larger scale infrastructure improvements that you may have to depreciate rather than deduct within your maintenance line item.
Tks @Jim Murray . Actually, I forgot to include all the other expenses.
This affects my NOI and makes a huge reduction. please see below a list of the cost.
Next time I will include all the cost into the spreadsheet. Keep Learning. :) :)
|Tot Mo.Exp (YTD)||$ 42,968.00|
@Camilo Rey It's amazing how the expenses can vary region to region and even town to town with an area sometimes.
Best of luck on pricing the deal.
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