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First-Year Performance Projection

19751 San Juan Ave
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Detroit, MI 48221
3-bedroom 2-bath
Square Feet 1,100
Purchase Price $29,995
Initial Market Value $29,995
Downpayment $29,995
Loan Origination Fees $0
Depreciable Closing Costs $0
Other Closing Costs $1,500
Initial Cash Invested $31,495
Cost per Square Foot $27
Monthly Rent per Square Foot $0.82

Income Monthly Annual Mortgage Info First Second

Gross Rent $900 $10,800 Loan-to-Value Ratio 0% 0%
Vacancy Losses $0 $0 Loan Amount --- ---
Operating Income $900 $10,800 Monthly Payment --- ---
Loan Type --- ---
Expenses Monthly Annual Term --- ---
Property Taxes ($150) ($1,800) Interest Rate --- ---
Insurance ($55) ($666) Monthly PMI ---
Management Fees ($75) ($900)
Leasing/Advertising Fees $0 $0 Financial Indicators
Association Fees $0 $0 Debt Coverage Ratio N/A
Maintenance $0 $0 Annual Gross Rent Multiplier 3
Other $0 $0 Monthly Gross Rent Multiplier 33
Operating Expenses ($280) ($3,366) Capitalization Rate 24.8%
Cash on Cash Return 24%
Net Performance Monthly Annual Total Return on Investment 24%
Net Operating Income $620 $7,434 Total ROI with Tax Savings 24%
- Mortgage Payments $0 $0
= Cash Flow $620 $7,434 Assumptions
+ Principal Reduction $0 $0 Real Estate Appreciation Rate %
+ First-Year Appreciation $0 $0 Vacancy Rate %
= Gross Equity Income $620 $7,434 Management Fee $75.00
+ Tax Savings $0 $0 Maintenance Percentage %
= GEI w/Tax Savings $620 $7,434 Equity Share Percentage 100%

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