| General Information | |
|---|
| Square Feet | 1,840 |
| Purchase Price | $369,990 |
| Initial Market Value | $369,990 |
| Downpayment | $369,990 |
| Closing Costs | $7,400 |
| Approximate Cash Invested | $377,390 |
| Income & Expenses | Monthly | Annual |
|---|
| Gross Rent | $2,100 | $25,200 |
| Vacancy Losses | $168 | $2,016 |
| Operating Income | $1,932 | $23,184 |
| Operating Expenses | $332 | $3,989 |
| Financial Indicators | |
|---|
| Capitalization Rate | 5.2% |
| Cash on Cash Return | 5% |
| Total Return on Investment | 11% |
| Net Performance | Monthly | Annual |
|---|
| Net Operating Income | $1,600 | $19,195 |
| - Mortgage Payments | $0 | $0 |
| = Cash Flow | $1,600 | $19,195 |
| + Principal Reduction | $0 | $0 |
| + First-Year Appreciation | $1,850 | $22,199 |
| = Gross Equity Income | $3,450 | $41,394 |
| Assumptions | |
|---|
| Real Estate Appreciation Rate | 6% |
| Vacancy Rate | 8% |
| Management Fee | 0% |
| Comments |
|---|
Self management numbers. *lots and floor plans might change.
Gated community features an amenity center with a community pool, sport court, cornhole and a playground. |
*Information is not guaranteed and investors should do their own research, get professional advice and conduct due diligence prior to investing.