Deal Analysis Review

[Trent Hicks]

Hello Bigger Pockets, Im practicing running the numbers to find deals and would love it if you guys could review this particular analysis. The analysis is based off using a private investor to fund the deal, pay the investor 10% of the cashflow over 2 years. After 2 years, refi and pay the investor their initial investment + 10%.

6 unit (all 1bd/1ba) Property - 3950 Sq Ft 

Price	$ 190,000.00
Down Payment(%)	20.00%
Down Payment($)	$ 38,000.00
Closing Cost	$ 9,500.00	5.0%
Estimated Rehab	$ 5,000.00
Total Invested	$ 52,500.00
Principal	$ 152,000.00
Int Rate(%)	4.50%
Loan Term (Years)	30
Mortgage	$770.16	$ 9,241.94
70% Rule	$ 278,571.43
Income
Rent ($)	$ 3,300.00	$ 39,600.00
TOTAL	$ 3,300.00	$ 39,600.00
Estimated Expenses
Expense	Monthly	Annual
Vacancy (5%)	$ 165.00	$ 1,980.00
Prop Manager (10%)	Self Manage	Self Manage
Utilities (100/mo)	Tenant Pays	Tenant Pays
Prop Tax (3%)	$ 475.00	$ 5,700.00
Insurance (100/mo)	$ 120.00	$ 1,440.00
Repair/Maint/CapEx (15%)	$ 400.00	$ 4,800.00
Landscape (60/mo)	$ 60.00	$ 720.00
TOTAL	$ 1,220.00	$ 14,640.00
Cash Flow
Tot. Cash Flow	$ 1,309.84	$ 15,718.06
Tot. Cash-On-Cash Return	29.9%
Investor Cash Flow	$ 130.98	$ 1,571.81
2 Yr. Investor Profit	$ 10,550.75
2 Yr. Investor CoC Return	20.1%
2 Yr. Profit (if in Savings acct)	$ 105.00