Help me learn the Cashflow Analyzer (Tampa/Pinellas County)

[Kyle D.]

I have 3 scenarios here.  I know none are -exceptional- but in my area in Tampa, so much hedge fund big $$ has been spent on 3/2s that the prices have made it tough to get the deals.  But when I run numbers on some of these, they still look appealing.  UNless I am missing something.

These are class B properties (from my weak understanding).

#1: 3/2ba in need of some paint, flooring, aesthetics.

[quote]

CASHFLOW ANALYZER
Rent per unit	$ 950.00		Sales price	$ 95,000.00
# of units	1		less
Annualized rental income	$ 11,400.00		Down	$ 19,000.00	20%
less	percentage		Repairs	$ 5,000.00
Vacancy	$ 570.00	5%		Total Investment	$ 24,000.00
RE Taxes	$ 1,200.00		Loan	$ 76,000.00
Insurance	$ 720.00	$ 60.00		Terms
Management	$ 1,140.00	10%		4.00%	Interest
Maintenance	$ 570.00	5%		30	Amortization
Utilities/HOA	$ -		DEBT SERVICE
Reserves	$ 570.00	5%		Payment	$362.84	per month
Operating Expenses	$ 4,770.00	44%			$4,354.03	per year
Net Operating Income	$ 6,630.00
less Annual Debt Service	$4,354.03	DSCR	1.523
Cashflow	$ 2,275.97	Cap rate	6.6%	Monthly cashflow	$ 189.66
CCR (%)	9.48%

[/quote]

Scenario #2: New roof, decent zestimate<-> purchase price (I know I don't hold much faith in Zestimates)

[quote]

CASHFLOW ANALYZER	Zillow's Estimate	$ 152,000.00
Rent per unit	$ 1,200.00		Sales price	$ 125,000.00
# of units	1		less
Annualized rental income	$ 14,400.00		Down	$ 25,000.00	20%
less	percentage		Repairs	$ 5,000.00
Vacancy	$ 720.00	5%		Total Investment	$ 30,000.00
RE Taxes	$ 1,600.00		Loan	$ 100,000.00
Insurance	$ 720.00	$ 60.00		Terms
Management	$ 1,440.00	10%		4.00%	Interest
Maintenance	$ 720.00	5%		30	Amortization
Utilities/HOA	$ -		DEBT SERVICE
Reserves	$ 720.00	5%		Payment	$477.42	per month
Operating Expenses	$ 5,920.00	43%			$5,728.98	per year
Net Operating Income	$ 8,480.00
less Annual Debt Service	$5,728.98	DSCR	1.48
Cashflow	$ 2,751.02	Cap rate	6.5%	Monthly cashflow	$ 229.25
CCR (%)	9.17%

[/quote]

Scenario #3: Lower purchase price for a 3/2.  2story ugly green house.

[quote]

CASHFLOW ANALYZER	Zillow's Estimate	$ 120,822.00
Rent per unit	$ 1,100.00		Sales price	$ 96,000.00
# of units	1		less
Annualized rental income	$ 13,200.00		Down	$ 19,200.00	20%
less	percentage		Repairs	$ 2,500.00
Vacancy	$ 660.00	5%		Total Investment	$ 21,700.00
RE Taxes	$ 1,576.00		Loan	$ 76,800.00
Insurance	$ 720.00	$ 60.00		Terms
Management	$ 1,320.00	10%		4.00%	Interest
Maintenance	$ 660.00	5%		30	Amortization
Utilities/HOA	$ -		DEBT SERVICE
Reserves	$ 660.00	5%		Payment	$366.65	per month
Operating Expenses	$ 5,596.00	45%			$4,399.86	per year
Net Operating Income	$ 7,604.00
less Annual Debt Service	$4,399.86	DSCR	1.728
Cashflow	$ 3,204.14	Cap rate	7.7%	Monthly cashflow	$ 267.01
CCR (%)	14.77%

[/quote]

Hopefully the formatting comes out correctly!  If not I will reply and try and post images.