this is deal analysis number #4

[Dieudonne T.]

talk about a walk of shame, got 2 weeks off work and the first thing i do is not practice daily property analysis. but now am back to my regular routine. hence this one 

Price	1% rule =	desired rent
139,900	0.01	1399
	Des Moines, IA 50316
price	139,900
closing co	2000
monhrent	1,500.00	after i move out	plus $620 rent
inspect	500
total cost	143,900
Loans
price	139,900	Down % |
downpay	4896.5	3.50%
total loan	135,004
Money Needed =		$8,858
MONTHLY ESPENSES
PAYMENT	$582
tax	$203	M insure	H insure
insurance	$159	110	49
vacancy	75	5%
repairs	75	5%
management	0	0%
cap	187.5	12.50%
utilities	180	12.00%
TOTAL	$1,462
EVALUATION
MONTHLY INCOME =		38.50
YEARLY CASH FLOW=		462
CASH ON CASH =		5%	8%+ good