General Information | |
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Square Feet | 2,104 |
Purchase Price | $425,000 |
Initial Market Value | $425,000 |
Downpayment | $106,250 |
Closing Costs | $15,938 |
Initial Cash Invested | $122,188 |
Income & Expenses | Monthly | Annual |
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Gross Rent | $3,540 | $42,480 |
Vacancy Losses | $283 | $3,398 |
Operating Income | $3,257 | $39,082 |
Operating Expenses | $1,075 | $12,901 |
Financial Indicators | |
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Capitalization Rate | 6.2% |
Cash on Cash Return | 2% |
Total Return on Investment | 25% |
Net Performance | Monthly | Annual |
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Net Operating Income | $2,182 | $26,180 |
- Mortgage Payments | $2,015 | $24,177 |
= Cash Flow | $167 | $2,004 |
+ Principal Reduction | $297 | $3,563 |
+ First-Year Appreciation | $2,125 | $25,500 |
= Gross Equity Income | $2,589 | $31,067 |
Assumptions | |
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Real Estate Appreciation Rate | 6% |
Vacancy Rate | 8% |
Management Fee | 8% |
*Information is not guaranteed and investors should do their own research, get professional advice and conduct due diligence prior to investing.