| General Information | |
|---|
| Square Feet | 1,619 |
| Purchase Price | $280,000 |
| Initial Market Value | $280,000 |
| Downpayment | $70,000 |
| Closing Costs | $16,100 |
| Initial Cash Invested | $86,100 |
| Income & Expenses | Monthly | Annual |
|---|
| Gross Rent | $1,895 | $22,740 |
| Vacancy Losses | $152 | $1,819 |
| Operating Income | $1,743 | $20,921 |
| Operating Expenses | $452 | $5,419 |
| Financial Indicators | |
|---|
| Capitalization Rate | 5.5% |
| Cash on Cash Return | 0% |
| Total Return on Investment | 22% |
| Net Performance | Monthly | Annual |
|---|
| Net Operating Income | $1,292 | $15,502 |
| - Mortgage Payments | $1,327 | $15,928 |
| = Cash Flow | ($36) | ($426) |
| + Principal Reduction | $196 | $2,347 |
| + First-Year Appreciation | $1,400 | $16,800 |
| = Gross Equity Income | $1,560 | $18,721 |
| Assumptions | |
|---|
| Real Estate Appreciation Rate | 6% |
| Vacancy Rate | 8% |
| Management Fee | 0% |
*Information is not guaranteed and investors should do their own research, get professional advice and conduct due diligence prior to investing.