Purchase Price
After Repair Value
Down Payment
Interest Rate
Loan Term
Purchase Costs
Rehab Costs
Cost Overrun
Gross Rent
Vacancy
Other Income
Property Taxes
Insurance
Property Management
Maintenance
Capital Expenditures
HOA Fees
Utilities
Landscaping
Cash needed
$ 92,000
Cash flow
$ 841
Cash on cash
11 %
Cap rate
6.6 %
Purchase & Rehab
Purchase price
$ 400,000
Amount financed
-
$ 320,000
Down payment
=
$ 80,000
Purchase costs
+
$ 12,000
Rehab costs
+
$ 0
Total cash needed
=
$ 92,000
Cash flow
Gross rent
$ 4,000
Vacancy
-
$ 400
Operating Income
=
$ 3,600
Operating Expenses
-
$ 1,410
Net Operating Income
=
$ 2,190
Loan Payment
-
$ 1,349
Cash Flow
=
$ 841