Seeking Lender based on cash flow numbers
Hi, I am new to BiggerPockets. I am looking for a lender based on cash flow numbers.
Here are the numbers for property I am looking at . Thanks for feedback all.
| Income: | $43,200 |
| Expenses: ($8800 taxes, $7200 maintenace and vacancy) high Estimate | $16,000 |
| Net Operating Income | $27,200 |
| Debt Service: Annual Mortgage payments | $7,200 |
| Cash Flow: | $20,000 |
| DSCR: | 3.78 |
| Cash on Cash: | 61.54% |
| Cap Rate: | 20.92% |
| Purchase Price: | $130,000 |
| DSCR: | 3.50 |
| Interest Rate (%): | 5.50% |
| Amortization (yrs): | 30 yrs |
| Interest Only: | No |
| Loan Amount: | $97,500 |
| Down Payment: | $32,500 |