
26 August 2018 | 5 replies
That's why a lot of times you'll see HO6, or "walls in" coverage covered under a separate insurance policy and premium.

28 August 2018 | 20 replies
When I determined that I would be in NYC for a long time, I bought a duplex in a neighborhood that I liked that locked in my housing costs (including taxes, insurance and maintenance) at roughly the cost of renting.

24 August 2018 | 0 replies
Im not a fan of having people park on the property for liability reasons even tho i have a good insurance policy.

25 August 2018 | 6 replies
I’d offer 5k down and 645$ a month and set it up in a trust with a third party paying out tax insurance expenses .

26 August 2018 | 7 replies
I personally use 10% maintenance, 10% management, insurance, and property taxes for my wholesale marketing to other investors.

27 August 2018 | 5 replies
I have my team in place but I don't know if I need more insurance.

28 September 2018 | 36 replies
I usually use PITI aka principal, interest tax and insurance for my calculation.

25 August 2018 | 0 replies
Upon further inspection, I discovered that one of the existing bedrooms also lacks this.The house currently has oil steam heat and a wood stove, which for insurance reasons we are replacing with a gas stove.

6 March 2019 | 3 replies
Prepared By Key Investment Criteria Client Name Max Offer $ 425,000 Property Address Down Payment $ - Number of Units 12 Cash Flow (Per 100K) $88.30 List Price $ 425,000 % of List Price Cash Flow (Monthly) $ 375.29 Offer Price $ 425,000 100% Total Cash In $ 10,000.00 ARV/Appraised Value $ 450,000 Debt Service CR 1.16 Pref >1.2 Discount (%,$) 0% $ - Debt Yield Ratio 7.65% Pref >10% Purchase Price (Max Offer Price) $ 425,000 Cap Rate 7.47% Pref >8% Percent Down 0% LTV 1.00 Pref <.75 Down Payment Amount $ - Rent/Price Ratio 1.35% Pref 1.25% Amount Financed $ 425,000 COC ROI Year 1 218.0% Interest Rate 5.20% (Exp+Int)/Income 84% Costs of Repairs $ 5,000 Gross Rent Multiplier 6.3 Pref <9 Closing Costs $ 5,000 COC Return 45.0% Pref >10% Total Cost $ 435,000 Break Even Ratio 93% Pref <85% Length of Mortgage (Years) 30 Expense Ratio 53% ~50% Payment Monthly Annual ARV-Total Cost $ 15,000 Monthly Mortgage Payment $2,333.72 $ 28,004.65 % Investment of ARV 96% Pref <75% 10 year Return 65% $284,164 Rental Income Monthly Annual 15 Year Return 113% $490,037 Unit A (10 unit Apt) $ 4,550.00 $ 54,600.00 20 Year Return 172% $748,269 Unit B (Duplex) $ 1,250.00 $ 15,000.00 Unit C $ - $ - DSCR greater than 1.45 1.16 Unit D $ - $ - Standardized Cashflow >180 $88.30 Gross Rental Income $ 5,800.00 $ 69,600.00 LTV less than .76 1.00 Vacancy Rate 8% ROI year 1 greater than 20% 218.0% Net Rental Income $ 5,336.00 $ 64,032.00 Expense ratio between 45 and 55% 53% Positive initial equity $ 15,000 Expenses Monthly Annual 15 year return greater than 115% 113% Property Management Fees $ 320.16 $ 3,841.92 6.0% Total Cash In Less than 50K $ 10,000 Leasing Costs $ - $ - 0% DYR greater than 9% 7.65% Maintenance Reserve $ 750.00 $ 9,000.00 Utilities $ 375.00 $ 4,500 PropertyTaxes $ 640.17 $ 7,682.00 Insurance $ 325.00 $ 3,900.00 Other (Snow, Lawn Care, Trash, etc) $ 216.67 $ 2,600.00 Total Expenses $ 2,626.99 $ 31,523.92 Net Operating Income $ 2,709.01 $ 32,508.08 Mortgage Payment $ 2,333.72 $ 28,004.65 Total Cash In (Downpayment + Repairs) $ 10,000.00 Net Cash Flow $ 375.29 $ 4,503.43 Investment Analysis Appreciation Rate (20 YR AVG = 4.4%) 2.5% Rent Appreciation (20 YR AVG = 3.1%) 2.5% Cost to Sell Property 0.0%

27 August 2018 | 10 replies
Or I guess if there was some insurance type loan that has a call structure..