| General Information | |
|---|
| Square Feet | 1,519 |
| Purchase Price | $454,990 |
| Initial Market Value | $454,990 |
| Downpayment | $136,497 |
| Closing Costs | $7,735 |
| Initial Cash Invested | $144,232 |
| Income & Expenses | Monthly | Annual |
|---|
| Gross Rent | $2,800 | $33,600 |
| Vacancy Losses | $224 | $2,688 |
| Operating Income | $2,576 | $30,912 |
| Operating Expenses | $589 | $7,071 |
| Financial Indicators | |
|---|
| Capitalization Rate | 5.2% |
| Cash on Cash Return | 2% |
| Total Return on Investment | 25% |
| Net Performance | Monthly | Annual |
|---|
| Net Operating Income | $1,987 | $23,841 |
| - Mortgage Payments | $1,708 | $20,493 |
| = Cash Flow | $279 | $3,347 |
| + Principal Reduction | $392 | $4,707 |
| + First-Year Appreciation | $2,275 | $27,299 |
| = Gross Equity Income | $2,946 | $35,354 |
| Assumptions | |
|---|
| Real Estate Appreciation Rate | 6% |
| Vacancy Rate | 8% |
| Management Fee | 86% |
| Comments |
|---|
| 3% off base price on move in ready |
*Information is not guaranteed and investors should do their own research, get professional advice and conduct due diligence prior to investing.