| General Information | |
|---|
| Square Feet | 1,846 |
| Purchase Price | $449,900 |
| Initial Market Value | $449,900 |
| Downpayment | $112,475 |
| Closing Costs | $7,873 |
| Initial Cash Invested | $120,348 |
| Income & Expenses | Monthly | Annual |
|---|
| Gross Rent | $2,500 | $30,000 |
| Vacancy Losses | $200 | $2,400 |
| Operating Income | $2,300 | $27,600 |
| Operating Expenses | $822 | $9,868 |
| Financial Indicators | |
|---|
| Capitalization Rate | 3.9% |
| Cash on Cash Return | -7% |
| Total Return on Investment | 19% |
| Net Performance | Monthly | Annual |
|---|
| Net Operating Income | $1,478 | $17,732 |
| - Mortgage Payments | $2,133 | $25,593 |
| = Cash Flow | ($655) | ($7,861) |
| + Principal Reduction | $314 | $3,772 |
| + First-Year Appreciation | $2,250 | $26,994 |
| = Gross Equity Income | $1,909 | $22,904 |
| Assumptions | |
|---|
| Real Estate Appreciation Rate | 6% |
| Vacancy Rate | 8% |
| Management Fee | 0% |
| Comments |
|---|
*Newly Remodeled!
*Great Area! |
*Information is not guaranteed and investors should do their own research, get professional advice and conduct due diligence prior to investing.