GREAT DUPLEX WIT POTENTIAL FOR ADDITION BUT 12.9 CASH ON CASH ROI
2 Replies
Duane Brown
Rental Property Investor from Ewing, NJ
posted over 1 year ago
*This link comes directly from our calculators, based on information input by the member who posted.
Tim Herman
from North Dakota
replied over 1 year ago
@Duane Brown your expenses are light. i use 23% for vacancy,repairs, and capex. Most beginners underestimate capex cost. Example: flooring 1200 sf per side or 2400sf total @ $6 sf= $14400 / 8 year life span / 12 months = $150 per month capex for floors only. You have to budget for roof, hot water heater, hvac, etc.
Duane Brown
Rental Property Investor from Ewing, NJ
replied over 1 year ago
@Tim Herman thank you so much sir... great information.