Quick Investment Summary
Sample Property
Property Price $341,000
Down Payment $102,300
Closing Costs $4,000
Total Acquisition Cost $345,000
 
Total Cash Invested $106,300
Precentage Down 29.65%
Percentage Cash Investment 30.81%
# of Units 14
Square Footage 7000
Cost per Unit $24,357.14
Cost per Square Foot $48.71
Gross Rent Multiple 3.38
Capitalization Rate 19.99%
 
Scheduled Annual Income $100,800
Annual Vacancy -$15,120
Actual Annual Gross Income $85,680
Average Rent per Unit $600.00
Annual Expenses -$17,500
Annual Net Operating Income $68,180
Average Rent per Sqare Foot $1.20
Annual Debt Service -$19,341
Net Annual Cashflow before Taxes $48,839
Net Annual Cashflow per unit before Taxes $3,488.53
Net Monthly Cashflow per unit before Taxes $290.71
© 2003 JP Lumbley & Associates, LLC.