| General Information | |
|---|
| Square Feet | 2,276 |
| Initial Market Value | $432,500 |
| Purchase Price | $432,500 |
| Downpayment | $108,125 |
| Loan Origination Fees | $0 |
| Depreciable Closing Costs | $21,625 |
| Other Closing Costs and Fixup | $0 |
| Initial Cash Invested | $129,750 |
| Cost per Square Foot | $190 |
| Monthly Rent per Square Foot | $1.23 |
| Income | Monthly | Annual |
|---|
| Gross Rent | $2,790 | $33,480 |
| Vacancy Losses | ($223) | ($2,678) |
| Operating Income | $2,567 | $30,802 |
| 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 | ($56) | ($670) |
| Other | $0 | $0 |
| Operating Expenses | ($643) | ($7,719) |
| Net Performance | Monthly | Annual |
|---|
| Net Operating Income | $1,924 | $23,082 |
| - Mortgage Payments | ($2,156) | ($25,871) |
| = Cash Flow | ($232) | ($2,789) |
| + Principal Reduction | $275 | $3,301 |
| + First-Year Appreciation | $2,163 | $25,950 |
| = Gross Equity Income | $2,205 | $26,463 |
| + Tax Savings | $367 | $4,409 |
| = GEI w/Tax Savings | $2,573 | $30,872 |
| Mortgage Info | First | Second |
|---|
| Loan-to-Value Ratio | 75% | 0% |
| Loan Amount | $324,375 | $0 |
| Monthly Payment | $2,155.90 | $0.00 |
| Loan Type | Amortizing Fixed | |
| Term | 30 Years | |
| Interest Rate | 6.990% | 0.000% |
| Monthly PMI | $0 | |
| Financial Indicators | |
|---|
| Debt Coverage Ratio | 0.89 |
| Annual Gross Rent Multiplier | 13 |
| Monthly Gross Rent Multiplier | 155 |
| Capitalization Rate | 5.3% |
| Cash on Cash Return | -2% |
| Total Return on Investment | 20% |
| + 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.
