| General Information | |
|---|
| Square Feet | 2,332 |
| Purchase Price | $174,900 |
| Initial Market Value | $174,900 |
| Downpayment | $43,725 |
| Closing Costs | $10,057 |
| Initial Cash Invested | $53,782 |
| Income & Expenses | Monthly | Annual |
|---|
| Gross Rent | $1,500 | $18,000 |
| Vacancy Losses | $120 | $1,440 |
| Operating Income | $1,380 | $16,560 |
| Operating Expenses | $392 | $4,708 |
| Financial Indicators | |
|---|
| Capitalization Rate | 6.8% |
| Cash on Cash Return | 4% |
| Total Return on Investment | 26% |
| Net Performance | Monthly | Annual |
|---|
| Net Operating Income | $988 | $11,852 |
| - Mortgage Payments | $829 | $9,949 |
| = Cash Flow | $159 | $1,902 |
| + Principal Reduction | $122 | $1,466 |
| + First-Year Appreciation | $875 | $10,494 |
| = Gross Equity Income | $1,155 | $13,862 |
| Assumptions | |
|---|
| Real Estate Appreciation Rate | 6% |
| Vacancy Rate | 8% |
| Management Fee | 8% |
| Comments |
|---|
Occupied 3BR/2BA home is centrally located in the off Vaughn road. Fabulous home with lots of space. Great yard with beautiful private patio & arbor. This is an assignment contract. Tenant to renew lease in June.
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*Information is not guaranteed and investors should do their own research, get professional advice and conduct due diligence prior to investing.