| General Information | |
|---|
| Square Feet | 1,846 |
| Purchase Price | $464,890 |
| Initial Market Value | $464,890 |
| Downpayment | $139,467 |
| Closing Costs | $7,903 |
| Initial Cash Invested | $147,370 |
| Income & Expenses | Monthly | Annual |
|---|
| Gross Rent | $3,000 | $36,000 |
| Vacancy Losses | $240 | $2,880 |
| Operating Income | $2,760 | $33,120 |
| Operating Expenses | $475 | $5,704 |
| Financial Indicators | |
|---|
| Capitalization Rate | 5.9% |
| Cash on Cash Return | 4% |
| Total Return on Investment | 23% |
| Net Performance | Monthly | Annual |
|---|
| Net Operating Income | $2,285 | $27,416 |
| - Mortgage Payments | $1,797 | $21,559 |
| = Cash Flow | $488 | $5,857 |
| + Principal Reduction | $0 | $0 |
| + First-Year Appreciation | $2,324 | $27,893 |
| = Gross Equity Income | $2,813 | $33,751 |
| Assumptions | |
|---|
| Real Estate Appreciation Rate | 6% |
| Vacancy Rate | 8% |
| Management Fee | 86% |
| Comments |
|---|
| 25k to closing costs |
*Information is not guaranteed and investors should do their own research, get professional advice and conduct due diligence prior to investing.
