General Information | |
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Square Feet | 864 |
Purchase Price | $154,900 |
Initial Market Value | $154,900 |
Downpayment | $46,470 |
Closing Costs | $9,914 |
Initial Cash Invested | $56,384 |
Income & Expenses | Monthly | Annual |
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Gross Rent | $1,250 | $15,000 |
Vacancy Losses | $100 | $1,200 |
Operating Income | $1,150 | $13,800 |
Operating Expenses | $228 | $2,732 |
Financial Indicators | |
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Capitalization Rate | 7.1% |
Cash on Cash Return | 7% |
Total Return on Investment | 23% |
Net Performance | Monthly | Annual |
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Net Operating Income | $922 | $11,068 |
- Mortgage Payments | $599 | $7,183 |
= Cash Flow | $324 | $3,885 |
+ Principal Reduction | $0 | $0 |
+ First-Year Appreciation | $775 | $9,294 |
= Gross Equity Income | $1,098 | $13,179 |
Assumptions | |
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Real Estate Appreciation Rate | 6% |
Vacancy Rate | 8% |
Management Fee | 0% |
Comments |
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Brand new 2/2 Bedroom single family home
All appliances are included with the sale
Fenced backyard
Granite in kitchen and bathroom
2 Years Free Property Management
1% seller credit towards closing costs |
*Information is not guaranteed and investors should do their own research, get professional advice and conduct due diligence prior to investing.