General Information | |
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Square Feet | 1,569 |
Purchase Price | $339,990 |
Initial Market Value | $339,990 |
Downpayment | $339,990 |
Closing Costs | $3,400 |
Approximate Cash Invested | $343,390 |
Income & Expenses | Monthly | Annual |
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Gross Rent | $2,100 | $25,200 |
Vacancy Losses | $168 | $2,016 |
Operating Income | $1,932 | $23,184 |
Operating Expenses | $466 | $5,589 |
Financial Indicators | |
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Capitalization Rate | 5.2% |
Cash on Cash Return | 5% |
Total Return on Investment | 11% |
Net Performance | Monthly | Annual |
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Net Operating Income | $1,466 | $17,595 |
- Mortgage Payments | $0 | $0 |
= Cash Flow | $1,466 | $17,595 |
+ Principal Reduction | $0 | $0 |
+ First-Year Appreciation | $1,700 | $20,399 |
= Gross Equity Income | $3,166 | $37,995 |
Assumptions | |
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Real Estate Appreciation Rate | 6% |
Vacancy Rate | 8% |
Management Fee | 8% |
Comments |
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$339,990 Cash. Finance price is $389,990.
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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.