| General Information | |
|---|
| Square Feet | 2,335 |
| Purchase Price | $391,339 |
| Initial Market Value | $440,000 |
| Downpayment | $97,835 |
| Closing Costs | $18,589 |
| Initial Cash Invested | $116,423 |
| Income & Expenses | Monthly | Annual |
|---|
| Gross Rent | $2,650 | $31,800 |
| Vacancy Losses | $212 | $2,544 |
| Operating Income | $2,438 | $29,256 |
| Operating Expenses | $459 | $5,503 |
| Financial Indicators | |
|---|
| Capitalization Rate | 6.1% |
| Cash on Cash Return | 1% |
| Total Return on Investment | 69% |
| Net Performance | Monthly | Annual |
|---|
| Net Operating Income | $1,979 | $23,753 |
| - Mortgage Payments | $1,855 | $22,262 |
| = Cash Flow | $124 | $1,491 |
| + Principal Reduction | $273 | $3,281 |
| + First-Year Appreciation | $6,255 | $75,061 |
| = Gross Equity Income | $6,653 | $79,832 |
| Assumptions | |
|---|
| Real Estate Appreciation Rate | 6% |
| Vacancy Rate | 8% |
| Management Fee | 0% |
| Comments |
|---|
| This is a Sale Leaseback for 24 months with rent set at $2,650 of which $650 each month is prepaid, so you will receive $15,600 at close of escrow. |
*Information is not guaranteed and investors should do their own research, get professional advice and conduct due diligence prior to investing.
