practice analyzing deal # 10

[Dieudonne T.]

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