| General Information | |
|---|
| Square Feet | 9,800 |
| Purchase Price | $3,500,000 |
| Initial Market Value | $3,500,000 |
| Downpayment | $3,500,000 |
| Closing Costs | $105,000 |
| Initial Cash Invested | $3,605,000 |
| Income & Expenses | Monthly | Annual |
|---|
| Gross Rent | $22,681 | $272,172 |
| Vacancy Losses | $1,814 | $21,774 |
| Operating Income | $20,867 | $250,398 |
| Operating Expenses | $3,620 | $43,440 |
| Financial Indicators | |
|---|
| Capitalization Rate | 5.9% |
| Cash on Cash Return | 6% |
| Total Return on Investment | 12% |
| Net Performance | Monthly | Annual |
|---|
| Net Operating Income | $17,246 | $206,958 |
| - Mortgage Payments | $0 | $0 |
| = Cash Flow | $17,246 | $206,958 |
| + Principal Reduction | $0 | $0 |
| + First-Year Appreciation | $17,500 | $210,000 |
| = Gross Equity Income | $34,746 | $416,958 |
| Assumptions | |
|---|
| Real Estate Appreciation Rate | 6% |
| Vacancy Rate | 8% |
| Management Fee | 8% |
| Comments |
|---|
Opportunity Zone. Lots: 32,500 sf (up to 40,000 sf). Value-add.
Tenants pay electric and gas. Owner pays water and sewer.
Currently all units occupied. Leases expire July 2025.
|
*Information is not guaranteed and investors should do their own research, get professional advice and conduct due diligence prior to investing.