| General Information | |
|---|
| Square Feet | 2,934 |
| Purchase Price | $570,000 |
| Initial Market Value | $570,000 |
| Downpayment | $142,500 |
| Closing Costs | $21,375 |
| Initial Cash Invested | $163,875 |
| Income & Expenses | Monthly | Annual |
|---|
| Gross Rent | $5,600 | $67,200 |
| Vacancy Losses | $448 | $5,376 |
| Operating Income | $5,152 | $61,824 |
| Operating Expenses | $1,729 | $20,744 |
| Financial Indicators | |
|---|
| Capitalization Rate | 7.2% |
| Cash on Cash Return | 5% |
| Total Return on Investment | 29% |
| Net Performance | Monthly | Annual |
|---|
| Net Operating Income | $3,423 | $41,080 |
| - Mortgage Payments | $2,702 | $32,425 |
| = Cash Flow | $721 | $8,655 |
| + Principal Reduction | $398 | $4,778 |
| + First-Year Appreciation | $2,850 | $34,200 |
| = Gross Equity Income | $3,969 | $47,633 |
| Assumptions | |
|---|
| Real Estate Appreciation Rate | 6% |
| Vacancy Rate | 8% |
| Management Fee | 8% |
| Comments |
|---|
| HOA: Exterior Mnt of Unit; Sewer; Garbage Collection; Front Yard Maint; Common Area Maint; Street Maint. |
*Information is not guaranteed and investors should do their own research, get professional advice and conduct due diligence prior to investing.