| General Information | |
|---|
| Square Feet | 2,000 |
| Purchase Price | $535,000 |
| Initial Market Value | $535,000 |
| Downpayment | $133,750 |
| Closing Costs | $20,063 |
| Initial Cash Invested | $153,813 |
| Income & Expenses | Monthly | Annual |
|---|
| Gross Rent | $7,650 | $91,800 |
| Vacancy Losses | $612 | $7,344 |
| Operating Income | $7,038 | $84,456 |
| Operating Expenses | $2,459 | $29,505 |
| Financial Indicators | |
|---|
| Capitalization Rate | 10.3% |
| Cash on Cash Return | 16% |
| Total Return on Investment | 40% |
| Net Performance | Monthly | Annual |
|---|
| Net Operating Income | $4,579 | $54,951 |
| - Mortgage Payments | $2,536 | $30,434 |
| = Cash Flow | $2,043 | $24,517 |
| + Principal Reduction | $374 | $4,485 |
| + First-Year Appreciation | $2,675 | $32,100 |
| = Gross Equity Income | $5,092 | $61,102 |
| Assumptions | |
|---|
| Real Estate Appreciation Rate | 6% |
| Vacancy Rate | 8% |
| Management Fee | 16% |
| Comments |
|---|
This Co-Living home is fully furnished and ready for Co-living occupants! Kitchen is set up with all necessities, plates, silverware, glasses, etc. Two sets of washer and dryers and two refrigerators.
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*Information is not guaranteed and investors should do their own research, get professional advice and conduct due diligence prior to investing.
