practice analyzing deal # 10

Dieudonne T. · 2021-03-11T21:11:34-08:00

Price 1% rule =desired rent160,0000.011600Des Moines, IA 50311price 160,000closing co 2500monhrent 2,400.004 plexrepairs2000cosmetictotal cost162,000 Loans price 160,000Down % |downpay4000025.00%conventional in a perfect world or a lot of years later in lifetotal loan120,000 Money Needed =44,500MONTHLY ESPENSES PAYMENT$533tax $232M insureH insureinsurance $56056vacancy1205%repairs1687%management26411%CapEx30012.50%utilities 28812.00%TOTAL$1,961 EVALUATIONMONTHLY INCOME =439.00YEARLY CASH FLOW=5268CASH ON CASH =11% 8%+ = good15%+ = amazingprice for good cash on cash =already good for amazing cash on cash=150000

Dieudonne T.

Investor · Des Moines, IA · Member since 2019 · 62 posts · 17 votes

Price	1% rule =	desired rent
160,000	0.01	1600
	Des Moines, IA 50311
price	160,000
closing co	2500
monhrent	2,400.00	4 plex
repairs	2000	cosmetic
total cost	162,000


Loans
price	160,000	Down % \|
downpay	40000	25.00%	conventional	in a perfect world or a lot of years later in life
total loan	120,000

Money Needed =	44,500

MONTHLY ESPENSES
PAYMENT	$533
tax	$232	M insure	H insure
insurance	$56	0	56
vacancy	120	5%
repairs	168	7%
management	264	11%
CapEx	300	12.50%
utilities	288	12.00%
TOTAL	$1,961

EVALUATION
MONTHLY INCOME =		439.00
YEARLY CASH FLOW=		5268
CASH ON CASH =		11%	8%+ = good	15%+ = amazing
price for good cash on cash =	already good
for amazing cash on cash=	150000

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