| 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. | ||||||||