Cash needed$ 92,000
Cash flow$ 841
Cash on cash11 %
Cap rate6.6 %
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