| General Information | |
|---|
| Square Feet | 2,632 |
| Purchase Price | $750,000 |
| Initial Market Value | $750,000 |
| Downpayment | $225,000 |
| Closing Costs | $33,000 |
| Initial Cash Invested | $258,000 |
| Income & Expenses | Monthly | Annual |
|---|
| Gross Rent | $4,450 | $53,400 |
| Vacancy Losses | $356 | $4,272 |
| Operating Income | $4,094 | $49,128 |
| Operating Expenses | $711 | $8,532 |
| Financial Indicators | |
|---|
| Capitalization Rate | 5.4% |
| Cash on Cash Return | 2% |
| Total Return on Investment | 20% |
| Net Performance | Monthly | Annual |
|---|
| Net Operating Income | $3,383 | $40,596 |
| - Mortgage Payments | $2,898 | $34,781 |
| = Cash Flow | $485 | $5,815 |
| + Principal Reduction | $0 | $0 |
| + First-Year Appreciation | $3,750 | $45,000 |
| = Gross Equity Income | $4,235 | $50,815 |
| Assumptions | |
|---|
| Real Estate Appreciation Rate | 6% |
| Vacancy Rate | 8% |
| Management Fee | 8% |
| Comments |
|---|
One unit remodeled in 2024, with all new flooring, new cabinets, new granite countertops, new kitchen appliances, & a new HVAC unit.
*Financing interest only + 3 pts
|
*Information is not guaranteed and investors should do their own research, get professional advice and conduct due diligence prior to investing.
