First-Year Performance Projection

9926 Archdale St
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Detroit, MI 48227
2-bedroom 1-bath
Square Feet 705
Initial Market Value $24,995
Purchase Price $24,995
Downpayment $24,995
Loan Origination Fees $0
Depreciable Closing Costs $500
Other Closing Costs and Fixup $0
Initial Cash Invested $25,495
Cost per Square Foot $35
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 ($110) ($1,318) Interest Rate --- ---
Insurance ($42) ($500) 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 42
Operating Expenses ($226) ($2,718) Capitalization Rate 17.9%
Cash on Cash Return 18%
Net Performance Monthly Annual Total Return on Investment 18%
Net Operating Income $374 $4,482 Total ROI with Tax Savings 18%
- Mortgage Payments $0 $0
= Cash Flow $374 $4,482 Assumptions
+ Principal Reduction $0 $0 Real Estate Appreciation Rate %
+ First-Year Appreciation $0 $0 Vacancy Rate %
= Gross Equity Income $374 $4,482 Management Fee $75.00
+ Tax Savings $0 $0 Maintenance Percentage %
= GEI w/Tax Savings $374 $4,482 Equity Share Percentage 100%

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