TURNKEY INVESTMENT - CASH FLOWING TRIPLEX
Stockton, CA 95210
Instant cash flow on recently remodeled triplex
| General Information | |
|---|---|
| Square Feet | 2,960 |
| Purchase Price | $625,000 |
| Initial Market Value | $625,000 |
| Downpayment | $156,250 |
| Closing Costs | $17,188 |
| Initial Cash Invested | $173,438 |
| Income & Expenses | Monthly | Annual |
|---|---|---|
| Gross Rent | $4,800 | $57,600 |
| Vacancy Losses | $240 | $2,880 |
| Operating Income | $4,560 | $54,720 |
| Operating Expenses | $1,446 | $17,350 |
| Financial Indicators | |
|---|---|
| Capitalization Rate | 6.0% |
| Cash on Cash Return | 1% |
| Total Return on Investment | 22% |
| Net Performance | Monthly | Annual |
|---|---|---|
| Net Operating Income | $3,114 | $37,370 |
| - Mortgage Payments | $2,963 | $35,554 |
| = Cash Flow | $151 | $1,816 |
| + Principal Reduction | $437 | $5,239 |
| + First-Year Appreciation | $2,604 | $31,250 |
| = Gross Equity Income | $3,192 | $38,305 |
| Assumptions | |
|---|---|
| Real Estate Appreciation Rate | 5% |
| Vacancy Rate | 5% |
| Management Fee | 100% |
| Comments |
|---|
| 2 tenants have 1 year leases 1 tenant been there over 10 years - month to month Current owner has had for 5 years. Only 1 vacancy during this term -just filled. |
*Information is not guaranteed and investors should do their own research, get professional advice and conduct due diligence prior to investing.