| General Information | |
|---|
| Square Feet | 1,754 |
| Initial Market Value | $309,900 |
| Purchase Price | $309,900 |
| Downpayment | $77,475 |
| Loan Origination Fees | $2,905 |
| Depreciable Closing Costs | $9,297 |
| Other Costs and Fixup | $0 |
| Approximate Cash Invested | $89,677 |
| Cost per Square Foot | $177 |
| Monthly Rent per Square Foot | $1.28 |
| Projected Income | Monthly | Annual |
|---|
| Projected Rent | $2,250 | $27,000 |
| Vacancy Losses | ($180) | ($2,160) |
| Operating Income | $2,070 | $24,840 |
| Estimated Expenses | Monthly | Annual |
|---|
| Property Taxes | ($310) | ($3,719) |
| Insurance | ($103) | ($1,240) |
| Management Fees | ($166) | ($1,987) |
| Leasing/Advertising Fees | $0 | $0 |
| Association Fees | ($50) | ($600) |
| Maintenance | ($68) | ($810) |
| Other (Utilities, Supplies, etc.) | $0 | $0 |
| Operating Expenses | ($696) | ($8,356) |
| Net Performance | Monthly | Annual |
|---|
| Net Operating Income | $1,374 | $16,484 |
| - Mortgage Payments | ($1,450) | ($17,400) |
| = Cash Flow | ($76) | ($916) |
| + Principal Reduction | $222 | $2,660 |
| + First-Year Appreciation | $1,550 | $18,594 |
| = Gross Equity Income | $1,695 | $20,338 |
| Mortgage Info | First | Second |
|---|
| Loan-to-Value Ratio | 75% | 0% |
| Loan Amount | $232,425 | $0 |
| Monthly Payment | $1,450.03 | $0.00 |
| Loan Type | Amortizing Fixed | |
| Term | 30 Years | |
| Interest Rate | 6.375% | 0.000% |
| Monthly PMI | $0 | |
| Financial Indicators | |
|---|
| Rent-to-Value Ratio™ (RV Ratio™) | 0.7% |
| Debt Coverage Ratio | 0.95 |
| Annual Gross Rent Multiplier | 11 |
| Capitalization Rate | 5.3% |
| Cash on Cash Return | -1% |
| Return on Investment | 23% |
| + Tax Benefits: Deductions, Depreciation, 1031 Exchange, etc. |
| Assumptions | |
|---|
| Projected Appreciation Rate | 6% |
| Vacancy Rate | 8% |
| Management Fee | 8% |
| Maintenance Percentage | 3% |
*Information is not guaranteed and investors should do their own research, get professional advice and conduct due diligence prior to investing.