| General Information | |
|---|
| Square Feet | 1,877 |
| Purchase Price | $439,999 |
| Initial Market Value | $439,999 |
| Downpayment | $132,000 |
| Closing Costs | $7,480 |
| Initial Cash Invested | $139,480 |
| Income & Expenses | Monthly | Annual |
|---|
| Gross Rent | $2,900 | $34,800 |
| Vacancy Losses | $232 | $2,784 |
| Operating Income | $2,668 | $32,016 |
| Operating Expenses | $605 | $7,256 |
| Financial Indicators | |
|---|
| Capitalization Rate | 5.6% |
| Cash on Cash Return | 4% |
| Total Return on Investment | 26% |
| Net Performance | Monthly | Annual |
|---|
| Net Operating Income | $2,063 | $24,760 |
| - Mortgage Payments | $1,652 | $19,818 |
| = Cash Flow | $412 | $4,942 |
| + Principal Reduction | $379 | $4,552 |
| + First-Year Appreciation | $2,200 | $26,400 |
| = Gross Equity Income | $2,991 | $35,894 |
| Assumptions | |
|---|
| Real Estate Appreciation Rate | 6% |
| Vacancy Rate | 8% |
| Management Fee | 86% |
| Comments |
|---|
| 3% off base price on quick move in |
*Information is not guaranteed and investors should do their own research, get professional advice and conduct due diligence prior to investing.
