Property Information

Nice Cash Flow Property
Dayton, OH 45403
3BR, 2BA, Built in 1895
Square Feet1,752
Initial Market Value$89,900
Purchase Price$89,900
Downpayment$22,475
Loan Origination Fees$674
Depreciable Closing Costs$4,495
Other Closing Costs and Fixup$0
Initial Cash Invested$27,644
Cost per Square Foot$51
Monthly Rent per Square Foot$0.51
IncomeMonthlyAnnual
Gross Rent$900$10,800
Vacancy Losses($72)($864)
Operating Income$828$9,936
ExpensesMonthlyAnnual
Property Taxes($117)($1,402)
Insurance($50)($602)
Management Fees($66)($795)
Leasing/Advertising Fees$0$0
Association Fees$0$0
Maintenance($72)($864)
Other$0$0
Operating Expenses($305)($3,664)
Net PerformanceMonthlyAnnual
Net Operating Income$523$6,272
- Mortgage Payments($362)($4,343)
= Cash Flow$161$1,929
+ Principal Reduction$83$995
+ First-Year Appreciation$450$5,394
= Gross Equity Income$693$8,318
+ Tax Savings$0$0
= GEI w/Tax Savings$693$8,318
Mortgage InfoFirstSecond
Loan-to-Value Ratio75%0%
Loan Amount$67,425$0
Monthly Payment$361.95$0.00
Loan TypeAmortizing Fixed
Term30 Years
Interest Rate5.000%0.000%
Monthly PMI$0
Financial Indicators
Debt Coverage Ratio1.44
Annual Gross Rent Multiplier8
Monthly Gross Rent Multiplier100
Capitalization Rate7.0%
Cash on Cash Return7%
Total Return on Investment30%
Total ROI with Tax Savings30%
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.