Multi-Family Investment Opportunity in Prime Location
Kansas City, MO 64119
Appreciation and Cashflow
| Square Feet | 2,168 | | Initial Market Value | $285,000 | | Purchase Price | $285,000 | | Downpayment | $71,250 | | Loan Origination Fees | $4,809 | | Depreciable Closing Costs | $1,710 | | Other Closing Costs and Fixup | $0 | | Initial Cash Invested | $77,769 | | Cost per Square Foot | $131 | | Monthly Rent per Square Foot | $0.00 |
| Income | Monthly | Annual |
|---|
| Gross Rent | $0 | $0 | | Vacancy Losses | $0 | $0 | | Operating Income | $0 | $0 |
| Expenses | Monthly | Annual |
|---|
| Property Taxes | ($238) | ($2,850) | | Insurance | ($124) | ($1,482) | | Management Fees | $0 | $0 | | Leasing/Advertising Fees | $0 | $0 | | Association Fees | $0 | $0 | | Maintenance | $0 | $0 | | Other | $0 | $0 | | Operating Expenses | ($361) | ($4,332) |
| Net Performance | Monthly | Annual |
|---|
| Net Operating Income | ($361) | ($4,332) | | - Mortgage Payments | ($1,421) | ($17,048) | | = Cash Flow | ($1,782) | ($21,380) | | + Principal Reduction | $181 | $2,176 | | + First-Year Appreciation | $1,425 | $17,100 | | = Gross Equity Income | ($175) | ($2,104) | | + Tax Savings | $788 | $9,452 | | = GEI w/Tax Savings | $612 | $7,348 |
| | Mortgage Info | First | Second |
|---|
| Loan-to-Value Ratio | 75% | 0% | | Loan Amount | $213,750 | $0 | | Monthly Payment | $1,420.65 | $0.00 | | Loan Type | Amortizing Fixed | | | Term | 30 Years | | | Interest Rate | 6.990% | 0.000% | | Monthly PMI | $0 | |
| Financial Indicators | |
|---|
| Debt Coverage Ratio | -0.25 | | Annual Gross Rent Multiplier | N/A | | Monthly Gross Rent Multiplier | N/A | | Capitalization Rate | -1.5% | | Cash on Cash Return | -27% | | Total Return on Investment | -3% | | + Tax Benefits: Deductions, Depreciation, 1031 Exchange, etc. |
| Assumptions | |
|---|
| Real Estate Appreciation Rate | 6% | | Vacancy Rate | 8% | | Management Fee | 10% | | Maintenance Percentage | 7% |
*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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