| General Information | |
|---|
| Square Feet | 1,497 |
| Purchase Price | $260,400 |
| Initial Market Value | $260,400 |
| Downpayment | $78,120 |
| Closing Costs | $16,796 |
| Initial Cash Invested | $94,916 |
| Income & Expenses | Monthly | Annual |
|---|
| Gross Rent | $1,650 | $19,800 |
| Vacancy Losses | $132 | $1,584 |
| Operating Income | $1,518 | $18,216 |
| Operating Expenses | $431 | $5,168 |
| Financial Indicators | |
|---|
| Capitalization Rate | 5.0% |
| Cash on Cash Return | 1% |
| Total Return on Investment | 17% |
| Net Performance | Monthly | Annual |
|---|
| Net Operating Income | $1,087 | $13,048 |
| - Mortgage Payments | $1,006 | $12,076 |
| = Cash Flow | $81 | $972 |
| + Principal Reduction | $0 | $0 |
| + First-Year Appreciation | $1,302 | $15,624 |
| = Gross Equity Income | $1,383 | $16,596 |
| Assumptions | |
|---|
| Real Estate Appreciation Rate | 6% |
| Vacancy Rate | 8% |
| Management Fee | 86% |
| 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.
