BEAUTIFUL REMODEL RANCH CASH FLOW SINGLE FAMILY
DENVER, CO 80239
RENT READY REMODELED RANCH
| Square Feet | 1,279 | | Purchase Price | $145,000 | | Initial Market Value | $145,000 | | Downpayment | $36,250 | | Loan Origination Fees | $2,175 | | Depreciable Closing Costs | $3,625 | | Other Closing Costs | $0 | | Initial Cash Invested | $42,050 | | Cost per Square Foot | $113 | | Monthly Rent per Square Foot | $0.98 |
| Income | Monthly | Annual |
|---|
| Gross Rent | $1,250 | $15,000 | | Vacancy Losses | ($100) | ($1,200) | | Operating Income | $1,150 | $13,800 |
| Expenses | Monthly | Annual |
|---|
| Property Taxes | ($97) | ($1,160) | | Insurance | ($36) | ($435) | | Management Fees | ($115) | ($1,380) | | Leasing/Advertising Fees | ($17) | ($200) | | Association Fees | $0 | $0 | | Maintenance | ($38) | ($450) | | Other | $0 | $0 | | Operating Expenses | ($302) | ($3,625) |
| Net Performance | Monthly | Annual |
|---|
| Net Operating Income | $848 | $10,175 | | - Mortgage Payments | ($687) | ($8,248) | | = Cash Flow | $161 | $1,927 | | + Principal Reduction | $101 | $1,215 | | + First-Year Appreciation | $483 | $5,800 | | = Gross Equity Income | $745 | $8,942 | | + Tax Savings | $35 | $414 | | = GEI w/Tax Savings | $780 | $9,356 |
|  | Mortgage Info | First | Second |
|---|
| Loan-to-Value Ratio | 75% | 0% | | Loan Amount | $108,750 | $0 | | Monthly Payment | $687.37 | $0.00 | | Loan Type | Amortizing Fixed | | | Term | 30 Years | | | Interest Rate | 6.500% | 0.000% | | Monthly PMI | $0 | |
| Financial Indicators | |
|---|
| Debt Coverage Ratio | 1.23 | | Annual Gross Rent Multiplier | 10 | | Monthly Gross Rent Multiplier | 116 | | Capitalization Rate | 7.0% | | Cash on Cash Return | 5% | | Total Return on Investment | 21% | | Total ROI with Tax Savings | 22% |
| Assumptions | |
|---|
| Real Estate Appreciation Rate | 4% | | Vacancy Rate | 8% | | Management Fee | 10% | | Maintenance Percentage | 3% |
| Comments |
|---|
| 2005 SINGLE FAMILY CASH FLOW REMODEL READY FOR TENANT. |
*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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