Scribd Logo
Upload

Welcome to Scribd!

  • 54 views

    9926 Archdale - Performance Report

    Uploaded by

    Bay Area Equity Group, LLC
    This document provides a financial projection for the first year of owning a residential rental property. It details the purchase price, expenses, rental income, cash flow, returns and financial metrics like debt coverage ratio, gross rent multiplier and capitalization rate.

    Copyright:

    Attribution Non-Commercial (BY-NC)
    Download as PDF, TXT or read online from Scribd

    9926 Archdale - Performance Report

    Uploaded by

    Bay Area Equity Group, LLC
    54 views1 page
    This document provides a financial projection for the first year of owning a residential rental property. It details the purchase price, expenses, rental income, cash flow, returns and financial metrics like debt coverage ratio, gross rent multiplier and capitalization rate.

    Original Description:

    9926 Archdale - Performance Report

    Copyright

    © Attribution Non-Commercial (BY-NC)

    Available Formats

    PDF, TXT or read online from Scribd

    Did you find this document useful?

    Is this content inappropriate?

    This document provides a financial projection for the first year of owning a residential rental property. It details the purchase price, expenses, rental income, cash flow, returns and financial metrics like debt coverage ratio, gross rent multiplier and capitalization rate.

    Copyright:

    Attribution Non-Commercial (BY-NC)
    Download as PDF, TXT or read online from Scribd
    Download as pdf or txt
    54 views1 page

    9926 Archdale - Performance Report

    Uploaded by

    Bay Area Equity Group, LLC
    This document provides a financial projection for the first year of owning a residential rental property. It details the purchase price, expenses, rental income, cash flow, returns and financial metrics like debt coverage ratio, gross rent multiplier and capitalization rate.

    Copyright:

    Attribution Non-Commercial (BY-NC)
    Download as PDF, TXT or read online from Scribd
    Download as pdf or txt
    of 1

    www.bayareaequitygroup.

    com

    First-Year Performance Projection


    9926 Archdale St
    View Map View Comps Export to Excel
    Detroit, MI 48227
    2-bedroom 1-bath
    Square Feet 710
    Purchase Price $21,995
    Initial Market Value $21,995
    Downpayment $21,995
    Loan Origination Fees $0
    Depreciable Closing Costs $1,500
    Other Closing Costs $0
    Initial Cash Invested $23,495
    Cost per Square Foot $31
    Monthly Rent per Square Foot $0.85

    Income Monthly Annual Mortgage Info First Second


    Gross Rent $600 $7,200 Loan-to-Value Ratio 0% 0%
    Vacancy Losses $0 $0 Loan Amount --- ---
    Operating Income $600 $7,200 Monthly Payment --- ---
    Loan Type --- ---
    Expenses Monthly Annual Term --- ---
    Property Taxes ($119) ($1,430) Interest Rate --- ---
    Insurance ($50) ($600) Monthly PMI ---
    Management Fees ($75) ($900)
    Leasing/Advertising Fees $0 $0 Financial Indicators
    Association Fees $0 $0 Debt Coverage Ratio N/A
    Maintenance $0 $0 Annual Gross Rent Multiplier 3
    Other $0 $0 Monthly Gross Rent Multiplier 37
    Operating Expenses ($244) ($2,930) Capitalization Rate 19.4%
    Cash on Cash Return 18%
    Net Performance Monthly Annual Total Return on Investment 18%
    Net Operating Income $356 $4,270 Total ROI with Tax Savings 18%
    - Mortgage Payments $0 $0
    = Cash Flow $356 $4,270 Assumptions
    + Principal Reduction $0 $0 Real Estate Appreciation Rate %
    + First-Year Appreciation $0 $0 Vacancy Rate %
    = Gross Equity Income $356 $4,270 Management Fee $75.00
    + Tax Savings $0 $0 Maintenance Percentage %
    = GEI w/Tax Savings $356 $4,270 Equity Share Percentage 100%

    © 2004-2009 PropertyTracker.com Terms of Service Privacy Policy

    You might also like