General Information | |
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Square Feet | 1,840 |
Purchase Price | $422,990 |
Initial Market Value | $422,990 |
Downpayment | $126,897 |
Closing Costs | $25,553 |
Approximate Cash Invested | $152,450 |
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 | $361 | $4,333 |
Financial Indicators | |
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Capitalization Rate | 4.5% |
Cash on Cash Return | 0% |
Total Return on Investment | 17% |
Net Performance | Monthly | Annual |
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Net Operating Income | $1,571 | $18,851 |
- Mortgage Payments | $1,511 | $18,136 |
= Cash Flow | $60 | $715 |
+ Principal Reduction | $0 | $0 |
+ First-Year Appreciation | $2,115 | $25,379 |
= Gross Equity Income | $2,175 | $26,094 |
Assumptions | |
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Real Estate Appreciation Rate | 6% |
Vacancy Rate | 8% |
Management Fee | 0% |
Comments |
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Gated community features an amenity center with a community pool, sport court, cornhole and a playground.
Reduced price for cash buyers!
Self management numbers
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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.