Description
——— PROPERTY RESERVED ———
PROFORMA*:
MONTHLY RENT : $1,850
MONTHLY EXPENSES** : $1,424.79
MONTHLY CASH FLOW : $425.21
CASH ON CASH RETURN : 10.15%
View Analysis Here
View Final Walkthrough Here
* Assumes conventional financing with a 20% down payment, 30 year fixed rate mortgage at 5.5% interest.
** Expense calculations include mortgage (PITI), 7% vacancy, 8% property management, 5% maintenance, and 5% capital expenditures.
