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    9926 Archdale ST - Performance Report

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    Bay Area Equity Group, LLC
    This document provides a projection for the first year performance of a rental property including details on the purchase price, monthly rent, expenses, financial indicators, and assumptions. The property is a 2 bedroom 1 bath home in Detroit purchased for $24,995 with projected monthly cash flow of $374 and annual gross equity income of $4,482.

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

    9926 Archdale ST - Performance Report

    Uploaded by

    Bay Area Equity Group, LLC
    65 views1 page
    This document provides a projection for the first year performance of a rental property including details on the purchase price, monthly rent, expenses, financial indicators, and assumptions. The property is a 2 bedroom 1 bath home in Detroit purchased for $24,995 with projected monthly cash flow of $374 and annual gross equity income of $4,482.

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    9926 Archdale St - Performance Report

    Original Title

    9926 Archdale St - Performance Report

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    This document provides a projection for the first year performance of a rental property including details on the purchase price, monthly rent, expenses, financial indicators, and assumptions. The property is a 2 bedroom 1 bath home in Detroit purchased for $24,995 with projected monthly cash flow of $374 and annual gross equity income of $4,482.

    Copyright:

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

    9926 Archdale ST - Performance Report

    Uploaded by

    Bay Area Equity Group, LLC
    This document provides a projection for the first year performance of a rental property including details on the purchase price, monthly rent, expenses, financial indicators, and assumptions. The property is a 2 bedroom 1 bath home in Detroit purchased for $24,995 with projected monthly cash flow of $374 and annual gross equity income of $4,482.

    Copyright:

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

    First-Year Performance Projection

    9926 Archdale St
    View Map View Comps Export to Excel
    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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