| General Information | |
|---|
| Square Feet | 2,276 |
| Initial Market Value | $432,500 |
| Purchase Price | $432,500 |
| Downpayment | $129,750 |
| Loan Origination Fees | $0 |
| Depreciable Closing Costs | $0 |
| Other Closing Costs and Fixup | $0 |
| Initial Cash Invested | $129,750 |
| Cost per Square Foot | $190 |
| Monthly Rent per Square Foot | $1.38 |
| Income | Monthly | Annual |
|---|
| Gross Rent | $3,140 | $37,680 |
| Vacancy Losses | ($251) | ($3,014) |
| Operating Income | $2,889 | $34,666 |
| Expenses | Monthly | Annual |
|---|
| Property Taxes | ($433) | ($5,190) |
| Insurance | ($141) | ($1,687) |
| Management Fees | $0 | $0 |
| Leasing/Advertising Fees | $0 | $0 |
| Association Fees | $0 | $0 |
| Maintenance | ($63) | ($754) |
| Other | $0 | $0 |
| Operating Expenses | ($636) | ($7,630) |
| Net Performance | Monthly | Annual |
|---|
| Net Operating Income | $2,253 | $27,035 |
| - Mortgage Payments | ($1,889) | ($22,665) |
| = Cash Flow | $364 | $4,370 |
| + Principal Reduction | $289 | $3,465 |
| + First-Year Appreciation | $2,163 | $25,950 |
| = Gross Equity Income | $2,815 | $33,785 |
| + Tax Savings | $136 | $1,628 |
| = GEI w/Tax Savings | $2,951 | $35,413 |
| Mortgage Info | First | Second |
|---|
| Loan-to-Value Ratio | 70% | 0% |
| Loan Amount | $302,750 | $0 |
| Monthly Payment | $1,888.77 | $0.00 |
| Loan Type | Amortizing Fixed | |
| Term | 30 Years | |
| Interest Rate | 6.375% | 0.000% |
| Monthly PMI | $0 | |
| Financial Indicators | |
|---|
| Debt Coverage Ratio | 1.19 |
| Annual Gross Rent Multiplier | 11 |
| Monthly Gross Rent Multiplier | 138 |
| Capitalization Rate | 6.3% |
| Cash on Cash Return | 3% |
| Total Return on Investment | 26% |
| + Tax Benefits: Deductions, Depreciation, 1031 Exchange, etc. |
| Assumptions | |
|---|
| Real Estate Appreciation Rate | 6% |
| Vacancy Rate | 8% |
| Management Fee | 0% |
| Maintenance Percentage | 2% |
| Comments |
|---|
| Brand New Duplex in prime location in OKC Metro. These Duplexes are a rare opportunity to own a positive cash flow investment in an A+ area with good schools, in a great town and a prime location within the town of Yukon. These will go fast! |
*Information is not guaranteed and investors should do their own research, get professional advice and conduct due diligence prior to investing.