Once these numbers have been entered, the calculator will produce a table at the bottom of the page that displays the total cash invested, the estimated management costs, HOA and Taxes, the estimated monthly mortgage payment, the gross income that can be expected from the property, the estimated total expenses that will be incurred by the property, the net income based on these two figures, and the ROI.
The estimated management costs are based on a formula that computes 8% of the cost of the property. This amount may vary depending on the location and condition of the property. The estimated monthly mortgage payment is based solely on the purchase price, down payment, and interest rate. It does not include taxes and property insurance.
Gross income is based on the rental price alone, it does not take into account any tax advantages to owning real estate. Estimated total expenses include the mortgage payments, taxes, HOA fees, and estimated maintenance.
You can use this form for any type of query for help you need , whether you want to supply us some codes or you are a bulk buyer feel free to write us and we get back to you in 24 – 48hrs weekdays.
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