| General Information | |
|---|
| Square Feet | 1,432 |
| Initial Market Value | $329,990 |
| Purchase Price | $329,990 |
| Downpayment | $329,990 |
| Loan Origination Fees | $0 |
| Depreciable Closing Costs | $3,300 |
| Other Closing Costs and Fixup | $0 |
| Approximate Cash Invested | $333,290 |
| Cost per Square Foot | $230 |
| Monthly Rent per Square Foot | $1.40 |
| Projected Income | Monthly | Annual |
|---|
| Gross Rent | $2,000 | $24,000 |
| Vacancy Losses | ($160) | ($1,920) |
| Operating Income | $1,840 | $22,080 |
| Estimated Expenses | Monthly | Annual |
|---|
| Property Taxes | ($137) | ($1,650) |
| Insurance | ($41) | ($495) |
| Management Fees | ($147) | ($1,766) |
| Leasing/Advertising Fees | $0 | $0 |
| Association Fees | ($85) | ($1,020) |
| Maintenance | ($40) | ($480) |
| Other | $0 | $0 |
| Operating Expenses | ($451) | ($5,411) |
| Net Performance | Monthly | Annual |
|---|
| Net Operating Income | $1,389 | $16,669 |
| - Mortgage Payments | $0 | $0 |
| = Cash Flow | $1,389 | $16,669 |
| + Principal Reduction | $0 | $0 |
| + First-Year Appreciation | $1,650 | $19,799 |
| = Gross Equity Income | $3,039 | $36,468 |
| + Tax Savings | $0 | $0 |
| = GEI w/Tax Savings | $3,039 | $36,468 |
| 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 | 0.000% | 0.000% |
| Monthly PMI | $0 | |
| Financial Indicators | |
|---|
| Debt Coverage Ratio | N/A |
| Annual Gross Rent Multiplier | 14 |
| Monthly Gross Rent Multiplier | 165 |
| Capitalization Rate | 5.1% |
| 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 | 8% |
| Maintenance Percentage | 2% |
*Information is not guaranteed and investors should do their own research, get professional advice and conduct due diligence prior to investing.
