Rental Analysis Report

[Emily Gerlach]

I’m in the process of purchasing my first rental in Mountain Home, Idaho. There’s a major housing shortage on the military base. So I’m purchasing a single family home that’s 1,300 square feet. 2 bed and 1 1/2 baths. 

Purchase price: $230,000

Money Down: $57,500 (25%)

Expected Rent: $1,500/Mth

Net Cash Flow: $120/Mth

I’ve inputted my numbers and the analysis report and it’s showing 50% cash flow rule being negative  - $229.00. 
Is it possible to speak with someone… I do have some additional questions…

Thank you