| General Information | |
|---|
| Square Feet | 2,276 |
| Initial Market Value | $432,500 |
| Purchase Price | $432,500 |
| Downpayment | $108,125 |
| Loan Origination Fees | $6,488 |
| Depreciable Closing Costs | $21,625 |
| Other Closing Costs and Fixup | $0 |
| Initial Cash Invested | $136,238 |
| Cost per Square Foot | $190 |
| Monthly Rent per Square Foot | $1.32 |
| Income | Monthly | Annual |
|---|
| Gross Rent | $3,000 | $36,000 |
| Vacancy Losses | ($240) | ($2,880) |
| Operating Income | $2,760 | $33,120 |
| Expenses | Monthly | Annual |
|---|
| Property Taxes | ($451) | ($5,406) |
| Insurance | ($137) | ($1,644) |
| Management Fees | $0 | $0 |
| Leasing/Advertising Fees | $0 | $0 |
| Association Fees | $0 | $0 |
| Maintenance | ($60) | ($720) |
| Other | $0 | $0 |
| Operating Expenses | ($647) | ($7,770) |
| Net Performance | Monthly | Annual |
|---|
| Net Operating Income | $2,113 | $25,350 |
| - Mortgage Payments | ($1,945) | ($23,337) |
| = Cash Flow | $168 | $2,013 |
| + Principal Reduction | $332 | $3,983 |
| + First-Year Appreciation | $2,163 | $25,950 |
| = Gross Equity Income | $2,662 | $31,946 |
| + Tax Savings | $211 | $2,529 |
| = GEI w/Tax Savings | $2,873 | $34,475 |
| Mortgage Info | First | Second |
|---|
| Loan-to-Value Ratio | 75% | 0% |
| Loan Amount | $324,375 | $0 |
| Monthly Payment | $1,944.79 | $0.00 |
| Loan Type | Amortizing Fixed | |
| Term | 30 Years | |
| Interest Rate | 6.000% | 0.000% |
| Monthly PMI | $0 | |
| Financial Indicators | |
|---|
| Debt Coverage Ratio | 1.09 |
| Annual Gross Rent Multiplier | 12 |
| Monthly Gross Rent Multiplier | 144 |
| Capitalization Rate | 5.9% |
| Cash on Cash Return | 1% |
| Total Return on Investment | 23% |
| + Tax Benefits: Deductions, Depreciation, 1031 Exchange, etc. |
| Assumptions | |
|---|
| Real Estate Appreciation Rate | 6% |
| Vacancy Rate | 8% |
| Management Fee | 0% |
| Maintenance Percentage | 2% |
| Comments |
|---|
| Brand New Duplex in prime location in OKC Metro. These Duplexes are a rare opportunity to own a positive cash flow investment in an A+ area with good schools, in a great town and a prime location within the town of Yukon. These will go fast! |
*Information is not guaranteed and investors should do their own research, get professional advice and conduct due diligence prior to investing.
