| General Information | |
|---|
| Square Feet | 1,144 |
| Initial Market Value | $300,000 |
| Purchase Price | $300,000 |
| Downpayment | $75,000 |
| Loan Origination Fees | $2,250 |
| Depreciable Closing Costs | $9,000 |
| Other Closing Costs and Fixup | $0 |
| Initial Cash Invested | $86,250 |
| Cost per Square Foot | $262 |
| Monthly Rent per Square Foot | $1.49 |
| Income | Monthly | Annual |
|---|
| Gross Rent | $1,700 | $20,400 |
| Vacancy Losses | ($136) | ($1,632) |
| Operating Income | $1,564 | $18,768 |
| Expenses | Monthly | Annual |
|---|
| Property Taxes | ($380) | ($4,560) |
| Insurance | ($125) | ($1,500) |
| Management Fees | ($125) | ($1,501) |
| Leasing/Advertising Fees | $0 | $0 |
| Association Fees | $0 | $0 |
| Maintenance | ($136) | ($1,632) |
| Other | ($170) | ($2,040) |
| Operating Expenses | ($936) | ($11,233) |
| Net Performance | Monthly | Annual |
|---|
| Net Operating Income | $628 | $7,535 |
| - Mortgage Payments | ($1,422) | ($17,066) |
| = Cash Flow | ($794) | ($9,531) |
| + Principal Reduction | $210 | $2,515 |
| + First-Year Appreciation | $1,500 | $18,000 |
| = Gross Equity Income | $915 | $10,984 |
| + Tax Savings | $459 | $5,512 |
| = GEI w/Tax Savings | $1,375 | $16,496 |
| Mortgage Info | First | Second |
|---|
| Loan-to-Value Ratio | 75% | 0% |
| Loan Amount | $225,000 | $0 |
| Monthly Payment | $1,422.15 | $0.00 |
| Loan Type | Amortizing Fixed | |
| Term | 30 Years | |
| Interest Rate | 6.500% | 0.000% |
| Monthly PMI | $0 | |
| Financial Indicators | |
|---|
| Debt Coverage Ratio | 0.44 |
| Annual Gross Rent Multiplier | 15 |
| Monthly Gross Rent Multiplier | 176 |
| Capitalization Rate | 2.5% |
| Cash on Cash Return | -11% |
| Total Return on Investment | 13% |
| + Tax Benefits: Deductions, Depreciation, 1031 Exchange, etc. |
| Assumptions | |
|---|
| Real Estate Appreciation Rate | 6% |
| Vacancy Rate | 8% |
| Management Fee | 8% |
| Maintenance Percentage | 8% |
| Comments |
|---|
| Beautifully renovated 3 bedroom, 2 bath home in Raytown, MO |
*Information is not guaranteed and investors should do their own research, get professional advice and conduct due diligence prior to investing.
