practice analyzing deal # 5

[Dieudonne T.]

Price	1% rule =	desired rent
219,900	0.01	2199
	Des Moines, IA 50312
price	219,900
closing co	2000
monhrent	1,800.00	after i move out		plus $200
inspect	500
total cost	224,200
Loans
price	219,900	Down % |
downpay	7696.5	3.50%
total loan	212,204
Money Needed =		$12,329
MONTHLY ESPENSES
PAYMENT	$942
tax	$319	M insure	H insure
insurance	$250	173	77
vacancy	90	5%
repairs	90	5%
management	0	0%
cap	225	12.50%
utilities	216	12.00%
TOTAL	$2,132
EVALUATION
MONTHLY INCOME =		-332.00
YEARLY CASH FLOW=		-3984
CASH ON CASH =		-$32	%	8%+ good