Help me Analze My Deal
| SFH outside of Houston, TX Would you do this deal? |
SqFt | |||||
| 1716 | ||||||
| Rental | ||||||
| $ 110,000 | PP | Loan Amount $ | $ 137,600 | |||
| $ - | Closing Costs | 0% | Annual Interest Rate | 4.5% | ||
| $ 25,000 | Rehab | Life Loan (in years) | 30 | |||
| $ 135,000 | Total Cost | Number of Payments per Year | 12 | |||
| Hard Money | Total Number of Payments | 360 | ||||
| $ 95,400 | Hard Money | Payment per Period | $697.20 | |||
| $ 25,000 | Escrow | Taxes | $3,181.00 | |||
| $ 120,400 | Total Loan | 70% | Cash Left In Home | $ 10,478.30 | ||
| Income | ||||||
| $ 14,600 | Balance of Sale | Rent | $ 1,400 | |||
| $ 2,950 | Points | 2.45% | Costs | |||
| $ 5,087 | APR (6 MTHS) | 8.45% | Taxes | $ 265 | ||
| $ 848 | Interest Pmts | HOA | $ 18 | |||
| $ 3,300 | Closing Costs | 3% | Insurance | $ 55 | ||
| $ 20,850 | Cash at close | Vacancy | $ 112 | 8.0% | ||
| $ 11,337 | Cost of Loan | CapEx | $ 42 | 3.0% | ||
| $ 2,701 | Holding Costs | Repairs | $ 42 | 3.0% | ||
| Refinance | Management | $ 28 | 2.0% | |||
| $ 172,000 | ARV | 100.2 | Total | $ 562 | ||
| $ 137,600 | LTV | 80% | ||||
| $ 4,128 | Closing costs | 3% | Cash Flow | $ 141 | $ 253 | |
| $ (10,478) | Cash left in deal | 10% | NOI | $ 1,688.61 | 1.2% | |
| 50% Rule | ||||||
| Cash on Cash | 16.12% | |||||
| Estimate Repairs Details | Equity | 25.0% | ||||
| Flooring | 6200 | |||||
| Paint | 3200 | |||||
| 2 Bath | 2000 | |||||
| Kitchen | 3200 | |||||
| Foundation | 8000 | |||||
| 22600 |