Nice Cash Flow Property
Dayton, OH 45403
3BR, 2BA, Built in 1895
Square Feet | 1,752 | Initial Market Value | $89,900 | Purchase Price | $89,900 | Downpayment | $22,475 | Loan Origination Fees | $1,517 | Depreciable Closing Costs | $4,495 | Other Closing Costs and Fixup | $0 | Initial Cash Invested | $28,487 | Cost per Square Foot | $51 | Monthly Rent per Square Foot | $0.51 |
Income | Monthly | Annual |
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Gross Rent | $900 | $10,800 | Vacancy Losses | ($72) | ($864) | Operating Income | $828 | $9,936 |
Expenses | Monthly | Annual |
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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 Performance | Monthly | Annual |
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Net Operating Income | $523 | $6,272 | - Mortgage Payments | ($448) | ($5,378) | = Cash Flow | $75 | $895 | + Principal Reduction | $57 | $686 | + First-Year Appreciation | $450 | $5,394 | = Gross Equity Income | $581 | $6,975 | + Tax Savings | $34 | $411 | = GEI w/Tax Savings | $615 | $7,386 |
| Mortgage Info | First | Second |
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Loan-to-Value Ratio | 75% | 0% | Loan Amount | $67,425 | $0 | Monthly Payment | $448.13 | $0.00 | Loan Type | Amortizing Fixed | | Term | 30 Years | | Interest Rate | 6.990% | 0.000% | Monthly PMI | $0 | |
Financial Indicators | |
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Debt Coverage Ratio | 1.17 | Annual Gross Rent Multiplier | 8 | Monthly Gross Rent Multiplier | 100 | Capitalization Rate | 7.0% | Cash on Cash Return | 3% | Total Return on Investment | 24% | + Tax Benefits: Deductions, Depreciation, 1031 Exchange, etc. |
Assumptions | |
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Real Estate Appreciation Rate | 6% | Vacancy Rate | 8% | Management Fee | 8% | Maintenance Percentage | 8% | *Information is not guaranteed and investors should do their own research, get professional advice and conduct due diligence prior to investing.
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