Running house numbers

[Austin Robertson]

Hey everybody - Im here with some numbers I ran for 2 homes in the area. One home is a multi family and one home is a single family. Just want to see what people think of the numbers and if I should be including anything else. Thank in advance! 

Home 1:  Price: $775,000       3Bd / 2.5Ba @ 2,100ft2 

Down Payment (20%): $155,000 

Monthly payment: $4,350 

Unit 1: 1bd/1ba.                 Unit 2: 2bd.1.5ba

Comps: $1,800                   Comps: $3,000

Total Estimated Rental Income: $4,800

NOI: $3,000 (Income - PGE, H2O, Tax & Ins, Maintenance, CapEx + Repairs)

Cap Rate: 4.6% (36,000 - 775,000 = 4.6%)

Cash Flow: $330/mo (4,800 - 4,470) 

Home 2: Price: $460,000       2Bd / 1Ba @ 700ft2

Down Payment (20%): $92,000

Monthly payment: $2,650

Comps: $3,000

Total Estimated Rental Income: $3,000

NOI: $2,400

Cap Rate: 6.2%%

Cash Flow: $200/mo