General Information | |
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Square Feet | 899 |
Purchase Price | $199,900 |
Initial Market Value | $199,900 |
Downpayment | $199,900 |
Closing Costs | $7,996 |
Initial Cash Invested | $207,896 |
Income & Expenses | Monthly | Annual |
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Gross Rent | $1,200 | $14,400 |
Vacancy Losses | $96 | $1,152 |
Operating Income | $1,104 | $13,248 |
Operating Expenses | $366 | $4,395 |
Financial Indicators | |
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Capitalization Rate | 4.4% |
Cash on Cash Return | 4% |
Total Return on Investment | 10% |
Net Performance | Monthly | Annual |
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Net Operating Income | $738 | $8,853 |
- Mortgage Payments | $0 | $0 |
= Cash Flow | $738 | $8,853 |
+ Principal Reduction | $0 | $0 |
+ First-Year Appreciation | $1,000 | $11,994 |
= Gross Equity Income | $1,737 | $20,847 |
Assumptions | |
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Real Estate Appreciation Rate | 6% |
Vacancy Rate | 8% |
Management Fee | 86% |
Comments |
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Photos may be representative.
Incentives incude: Fridge, Blinds and up to 2% toward closing costs! |
*Information is not guaranteed and investors should do their own research, get professional advice and conduct due diligence prior to investing.