| General Information | |
|---|
| Square Feet | 899 |
| Initial Market Value | $199,900 |
| Purchase Price | $199,900 |
| Downpayment | $199,900 |
| Loan Origination Fees | $0 |
| Depreciable Closing Costs | $7,996 |
| Other Closing Costs and Fixup | $0 |
| Initial Cash Invested | $207,896 |
| Cost per Square Foot | $222 |
| Monthly Rent per Square Foot | $1.33 |
| Income | Monthly | Annual |
|---|
| Gross Rent | $1,200 | $14,400 |
| Vacancy Losses | ($96) | ($1,152) |
| Operating Income | $1,104 | $13,248 |
| Expenses | Monthly | Annual |
|---|
| Property Taxes | ($108) | ($1,299) |
| Insurance | ($70) | ($840) |
| Management Fees | ($86) | ($1,032) |
| Leasing/Advertising Fees | $0 | $0 |
| Association Fees | ($42) | ($504) |
| Maintenance | ($60) | ($720) |
| Other | $0 | $0 |
| Operating Expenses | ($366) | ($4,395) |
| Net Performance | Monthly | Annual |
|---|
| 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 |
| + Tax Savings | $0 | $0 |
| = GEI w/Tax Savings | $1,737 | $20,847 |
| Mortgage Info | First | Second |
|---|
| Loan-to-Value Ratio | 0% | 0% |
| Loan Amount | $0 | $0 |
| Monthly Payment | $0.00 | $0.00 |
| Loan Type | Amortizing Fixed | |
| Term | 0 Years | |
| Interest Rate | 0.000% | 0.000% |
| Monthly PMI | $0 | |
| Financial Indicators | |
|---|
| Debt Coverage Ratio | N/A |
| Annual Gross Rent Multiplier | 14 |
| Monthly Gross Rent Multiplier | 167 |
| Capitalization Rate | 4.4% |
| Cash on Cash Return | 4% |
| Total Return on Investment | 10% |
| + Tax Benefits: Deductions, Depreciation, 1031 Exchange, etc. |
| Assumptions | |
|---|
| Real Estate Appreciation Rate | 6% |
| Vacancy Rate | 8% |
| Management Fee | $86 |
| Maintenance Percentage | 5% |
| Comments |
|---|
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.
