Property Information

IN ESCROW
WOW! Check out this exclusive 3-bedroom turnkey!
Dayton, OH 45403
3 bedroom, 1 bathroom - built in 1951
Square Feet1,040
Initial Market Value$79,000
Purchase Price$79,000
Downpayment$19,750
Loan Origination Fees$593
Depreciable Closing Costs$3,950
Other Closing Costs and Fixup$0
Initial Cash Invested$24,293
Cost per Square Foot$76
Monthly Rent per Square Foot$0.82
IncomeMonthlyAnnual
Gross Rent$850$10,200
Vacancy Losses($68)($816)
Operating Income$782$9,384
ExpensesMonthlyAnnual
Property Taxes($99)($1,185)
Insurance($50)($600)
Management Fees($63)($751)
Leasing/Advertising Fees$0$0
Association Fees$0$0
Maintenance($68)($816)
Other$0$0
Operating Expenses($279)($3,352)
Net PerformanceMonthlyAnnual
Net Operating Income$503$6,032
- Mortgage Payments($318)($3,817)
= Cash Flow$185$2,215
+ Principal Reduction$73$874
+ First-Year Appreciation$395$4,740
= Gross Equity Income$652$7,829
+ Tax Savings$0$0
= GEI w/Tax Savings$652$7,829
Mortgage InfoFirstSecond
Loan-to-Value Ratio75%0%
Loan Amount$59,250$0
Monthly Payment$318.07$0.00
Loan TypeAmortizing Fixed
Term30 Years
Interest Rate5.000%0.000%
Monthly PMI$0
Financial Indicators
Debt Coverage Ratio1.58
Annual Gross Rent Multiplier8
Monthly Gross Rent Multiplier93
Capitalization Rate7.6%
Cash on Cash Return9%
Total Return on Investment32%
Total ROI with Tax Savings32%
Assumptions
Real Estate Appreciation Rate6%
Vacancy Rate8%
Management Fee8%
Maintenance Percentage8%
Comments
*Information is not guaranteed and investors should do their own research, get professional advice and conduct due diligence prior to investing.