| General Information | |
|---|
| Square Feet | 1,619 |
| Initial Market Value | $280,000 |
| Purchase Price | $280,000 |
| Downpayment | $280,000 |
| Loan Origination Fees | $0 |
| Depreciable Closing Costs | $2,800 |
| Other Closing Costs and Fixup | $0 |
| Initial Cash Invested | $282,800 |
| Cost per Square Foot | $173 |
| Monthly Rent per Square Foot | $1.17 |
| Income | Monthly | Annual |
|---|
| Gross Rent | $1,895 | $22,740 |
| Vacancy Losses | ($152) | ($1,819) |
| Operating Income | $1,743 | $20,921 |
| Expenses | Monthly | Annual |
|---|
| Property Taxes | ($280) | ($3,360) |
| Insurance | ($91) | ($1,092) |
| Management Fees | ($60) | ($720) |
| Leasing/Advertising Fees | $0 | $0 |
| Association Fees | ($24) | ($288) |
| Maintenance | ($38) | ($455) |
| Other | $0 | $0 |
| Operating Expenses | ($493) | ($5,915) |
| Net Performance | Monthly | Annual |
|---|
| Net Operating Income | $1,251 | $15,006 |
| - Mortgage Payments | $0 | $0 |
| = Cash Flow | $1,251 | $15,006 |
| + Principal Reduction | $0 | $0 |
| + First-Year Appreciation | $1,400 | $16,800 |
| = Gross Equity Income | $2,651 | $31,806 |
| + Tax Savings | $0 | $0 |
| = GEI w/Tax Savings | $2,651 | $31,806 |
| Mortgage Info | First | Second |
|---|
| Loan-to-Value Ratio | 0% | 0% |
| Loan Amount | $0 | $0 |
| Monthly Payment | $0.00 | $0.00 |
| Loan Type | Amortizing Fixed | |
| Term | 30 Years | |
| Interest Rate | 6.990% | 0.000% |
| Monthly PMI | $0 | |
| Financial Indicators | |
|---|
| Debt Coverage Ratio | N/A |
| Annual Gross Rent Multiplier | 12 |
| Monthly Gross Rent Multiplier | 148 |
| Capitalization Rate | 5.4% |
| Cash on Cash Return | 5% |
| Total Return on Investment | 11% |
| + Tax Benefits: Deductions, Depreciation, 1031 Exchange, etc. |
| Assumptions | |
|---|
| Real Estate Appreciation Rate | 6% |
| Vacancy Rate | 8% |
| Management Fee | $60 |
| Maintenance Percentage | 2% |
*Information is not guaranteed and investors should do their own research, get professional advice and conduct due diligence prior to investing.
