| General Information | |
|---|
| Square Feet | 2,953 |
| Purchase Price | $299,900 |
| Initial Market Value | $299,900 |
| Downpayment | $74,975 |
| Closing Costs | $11,246 |
| Initial Cash Invested | $86,221 |
| Income & Expenses | Monthly | Annual |
|---|
| Gross Rent | $2,700 | $32,400 |
| Vacancy Losses | $216 | $2,592 |
| Operating Income | $2,484 | $29,808 |
| Operating Expenses | $920 | $11,035 |
| Financial Indicators | |
|---|
| Capitalization Rate | 6.3% |
| Cash on Cash Return | 2% |
| Total Return on Investment | 26% |
| Net Performance | Monthly | Annual |
|---|
| Net Operating Income | $1,564 | $18,773 |
| - Mortgage Payments | $1,422 | $17,060 |
| = Cash Flow | $143 | $1,713 |
| + Principal Reduction | $210 | $2,514 |
| + First-Year Appreciation | $1,500 | $17,994 |
| = Gross Equity Income | $1,852 | $22,221 |
| Assumptions | |
|---|
| Real Estate Appreciation Rate | 6% |
| Vacancy Rate | 8% |
| Management Fee | 8% |
| Comments |
|---|
| 2% Seller credit towards rate buy down or closing costs |
*Information is not guaranteed and investors should do their own research, get professional advice and conduct due diligence prior to investing.