| General Information | |
|---|
| Square Feet | 3,480 |
| Purchase Price | $485,000 |
| Initial Market Value | $485,000 |
| Downpayment | $121,250 |
| Closing Costs | $18,188 |
| Initial Cash Invested | $139,438 |
| Income & Expenses | Monthly | Annual |
|---|
| Gross Rent | $4,000 | $48,000 |
| Vacancy Losses | $320 | $3,840 |
| Operating Income | $3,680 | $44,160 |
| Operating Expenses | $1,431 | $17,170 |
| Financial Indicators | |
|---|
| Capitalization Rate | 5.6% |
| Cash on Cash Return | 0% |
| Total Return on Investment | 23% |
| Net Performance | Monthly | Annual |
|---|
| Net Operating Income | $2,249 | $26,990 |
| - Mortgage Payments | $2,299 | $27,590 |
| = Cash Flow | ($50) | ($600) |
| + Principal Reduction | $339 | $4,066 |
| + First-Year Appreciation | $2,425 | $29,100 |
| = Gross Equity Income | $2,714 | $32,566 |
| Assumptions | |
|---|
| Real Estate Appreciation Rate | 6% |
| Vacancy Rate | 8% |
| Management Fee | 8% |
| Comments |
|---|
| Remodeled and Fully Rented - Apartment Building - Five Plex in Residential Neighborhood. |
*Information is not guaranteed and investors should do their own research, get professional advice and conduct due diligence prior to investing.