Skip to content
Starting Out

User Stats

19
Posts
1
Votes
Tim Haenn
  • Rental Property Investor
  • Downingtown, PA
1
Votes |
19
Posts

Deal Analysis for a Newbie

Tim Haenn
  • Rental Property Investor
  • Downingtown, PA
Posted Jul 23 2018, 10:36

would love anyone's opinion on whether the deal below looks "good" to you....thanks!

OVERVIEW
Listing 109,900
Purchase 106,000
Down Payment 26,500
Closing Costs 12,393
Cash Needed 38,893
Loan Amount 79,500
Annual Taxes 4,444

CASH FLOW
Mo Annual
Income 1,480 17,760
Unit 1 800 9,600
Unit 2 680 8,160
OpEx 441 5,290
Homeowners 70 840
Vacancy 74 888
Property Management 89 1,066
Maintenance 74 888
CapEx 74 888
Utilities 60 720
NOI 1,039 12,470
Loan 435 5,220
Taxes 370 4,444
Cash Flow 234 2,806

ANNUAL METRICS
Cash on Cash 7.2%
Cap Rate 11.8%
Payback Period (Yrs) 14

Loading replies...