High Cash Flow
York, PA 17403
Built 1928 - 3bdrm/ 1.5 bath
Square Feet1,144
Initial Market Value$105,000
Purchase Price$105,000
Downpayment$26,250
Loan Origination Fees$0
Depreciable Closing Costs$5,250
Other Closing Costs and Fixup$0
Initial Cash Invested$31,500
Cost per Square Foot$92
Monthly Rent per Square Foot$1.03
IncomeMonthlyAnnual
Gross Rent$1,175$14,100
Vacancy Losses($94)($1,128)
Operating Income$1,081$12,972
ExpensesMonthlyAnnual
Property Taxes($210)($2,520)
Insurance($53)($630)
Management Fees($65)($778)
Leasing/Advertising Fees$0$0
Association Fees$0$0
Maintenance($94)($1,128)
Other$0$0
Operating Expenses($421)($5,056)
Net PerformanceMonthlyAnnual
Net Operating Income$660$7,916
- Mortgage Payments($447)($5,366)
= Cash Flow$213$2,550
+ Principal Reduction$88$1,061
+ First-Year Appreciation$525$6,300
= Gross Equity Income$826$9,911
+ Tax Savings$0$0
= GEI w/Tax Savings$826$9,911
Mortgage InfoFirstSecond
Loan-to-Value Ratio75%0%
Loan Amount$78,750$0
Monthly Payment$447.13$0.00
Loan TypeAmortizing Fixed
Term30 Years
Interest Rate5.500%0.000%
Monthly PMI$0
Financial Indicators
Debt Coverage Ratio1.48
Annual Gross Rent Multiplier7
Monthly Gross Rent Multiplier89
Capitalization Rate7.5%
Cash on Cash Return8%
Total Return on Investment31%
+ Tax Benefits: Deductions, Depreciation, 1031 Exchange, etc.
Assumptions
Real Estate Appreciation Rate6%
Vacancy Rate8%
Management Fee6%
Maintenance Percentage8%
Comments
*Information is not guaranteed and investors should do their own research, get professional advice and conduct due diligence prior to investing.