| General Information | |
|---|
| Square Feet | 2,200 |
| Purchase Price | $432,500 |
| Initial Market Value | $432,500 |
| Downpayment | $108,125 |
| Closing Costs | $21,625 |
| Initial Cash Invested | $129,750 |
| Income & Expenses | Monthly | Annual |
|---|
| Gross Rent | $3,000 | $36,000 |
| Vacancy Losses | $240 | $2,880 |
| Operating Income | $2,760 | $33,120 |
| Operating Expenses | $680 | $8,159 |
| Financial Indicators | |
|---|
| Capitalization Rate | 5.8% |
| Cash on Cash Return | 1% |
| Total Return on Investment | 24% |
| Net Performance | Monthly | Annual |
|---|
| Net Operating Income | $2,080 | $24,961 |
| - Mortgage Payments | $1,943 | $23,313 |
| = Cash Flow | $137 | $1,648 |
| + Principal Reduction | $333 | $3,991 |
| + First-Year Appreciation | $2,163 | $25,950 |
| = Gross Equity Income | $2,632 | $31,589 |
| Assumptions | |
|---|
| Real Estate Appreciation Rate | 6% |
| Vacancy Rate | 8% |
| Management Fee | 0% |
| Comments |
|---|
| Investor Package = Fenced Yard, All Appliances, Blinds, No Carpet. Ready to rent |
*Information is not guaranteed and investors should do their own research, get professional advice and conduct due diligence prior to investing.