New investor... Do these numbers appear to be right?

2 Replies

$269000 price rents for $4000 is not reasonable. What is the location? Who is going to give you 100% loan with 4% rate for investor? Why would you have no expenses? - CPA, vacancy, bank fees, repairs? 

Hey Caroline, Thank you. I see where I made the mistake. For some reason I thought the units were 4 beds each. I'm in the Dallas/Fort worth area. I was looking to get a FHA loan. For the vacancy I put in 5%, for repairs i put 7%, for capital expenditures i put 5% and for management fees i put 9%. Do those expenses sound reasonable?

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