High Cash Flow
York, PA 17403
Built 1928 - 3bdrm/ 1.5 bath
Square Feet | 1,144 | 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 |
Income | Monthly | Annual |
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Gross Rent | $1,175 | $14,100 | Vacancy Losses | ($94) | ($1,128) | Operating Income | $1,081 | $12,972 |
Expenses | Monthly | Annual |
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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 Performance | Monthly | Annual |
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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 Info | First | Second |
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Loan-to-Value Ratio | 75% | 0% | Loan Amount | $78,750 | $0 | Monthly Payment | $447.13 | $0.00 | Loan Type | Amortizing Fixed | | Term | 30 Years | | Interest Rate | 5.500% | 0.000% | Monthly PMI | $0 | |
Financial Indicators | |
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Debt Coverage Ratio | 1.48 | Annual Gross Rent Multiplier | 7 | Monthly Gross Rent Multiplier | 89 | Capitalization Rate | 7.5% | Cash on Cash Return | 8% | Total Return on Investment | 31% | + Tax Benefits: Deductions, Depreciation, 1031 Exchange, etc. |
Assumptions | |
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Real Estate Appreciation Rate | 6% | Vacancy Rate | 8% | Management Fee | 6% | 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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