| General Information | |
|---|
| Square Feet | 1,924 |
| Initial Market Value | $332,900 |
| Purchase Price | $332,900 |
| Downpayment | $83,225 |
| Loan Origination Fees | $9,862 |
| Depreciable Closing Costs | $9,987 |
| Other Costs and Fixup | $0 |
| Approximate Cash Invested | $103,074 |
| Cost per Square Foot | $173 |
| Monthly Rent per Square Foot | $1.18 |
| Projected Income | Monthly | Annual |
|---|
| Projected Rent | $2,265 | $27,180 |
| Vacancy Losses | ($181) | ($2,174) |
| Operating Income | $2,084 | $25,006 |
| Estimated Expenses | Monthly | Annual |
|---|
| Property Taxes | ($416) | ($4,994) |
| Insurance | ($61) | ($732) |
| Management Fees | ($167) | ($2,000) |
| Leasing/Advertising Fees | $0 | $0 |
| Association Fees | ($90) | ($1,080) |
| Maintenance | ($45) | ($544) |
| Other (Utilities, Supplies, etc.) | $0 | $0 |
| Operating Expenses | ($779) | ($9,350) |
| Net Performance | Monthly | Annual |
|---|
| Net Operating Income | $1,305 | $15,656 |
| - Mortgage Payments | ($1,156) | ($13,875) |
| = Cash Flow | $148 | $1,780 |
| + Principal Reduction | $383 | $4,591 |
| + First-Year Appreciation | $1,665 | $19,974 |
| = Gross Equity Income | $2,195 | $26,345 |
| Mortgage Info | First | Second |
|---|
| Loan-to-Value Ratio | 75% | 0% |
| Loan Amount | $249,675 | $0 |
| Monthly Payment | $1,156.28 | $0.00 |
| Loan Type | Amortizing ARM | |
| Term | 10 Years | |
| Interest Rate | 3.750% | 0.000% |
| Monthly PMI | $0 | |
| Financial Indicators | |
|---|
| Rent-to-Value Ratio™ (RV Ratio™) | 0.7% |
| Debt Coverage Ratio | 1.13 |
| Annual Gross Rent Multiplier | 12 |
| Capitalization Rate | 4.7% |
| Cash on Cash Return | 2% |
| Return on Investment | 26% |
| + Tax Benefits: Deductions, Depreciation, 1031 Exchange, etc. |
| Assumptions | |
|---|
| Projected Appreciation Rate | 6% |
| Vacancy Rate | 8% |
| Management Fee | 8% |
| Maintenance Percentage | 2% |
*Information is not guaranteed and investors should do their own research, get professional advice and conduct due diligence prior to investing.