General Information | |
---|
Square Feet | 1,144 |
Purchase Price | $300,000 |
Initial Market Value | $300,000 |
Downpayment | $75,000 |
Closing Costs | $11,250 |
Initial Cash Invested | $86,250 |
Income & Expenses | Monthly | Annual |
---|
Gross Rent | $1,700 | $20,400 |
Vacancy Losses | $136 | $1,632 |
Operating Income | $1,564 | $18,768 |
Operating Expenses | $936 | $11,233 |
Financial Indicators | |
---|
Capitalization Rate | 2.5% |
Cash on Cash Return | -11% |
Total Return on Investment | 13% |
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 |
Assumptions | |
---|
Real Estate Appreciation Rate | 6% |
Vacancy Rate | 8% |
Management Fee | 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.