Location via proxy:   [ UP ]  
[Report a bug]   [Manage cookies]                
Scribd Logo
Upload

Welcome to Scribd!

  • 42 views

    7333 Brace - Performance Report

    Uploaded by

    Bay Area Equity Group, LLC
    7333 Brace - Performance Report

    Copyright:

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

    7333 Brace - Performance Report

    Uploaded by

    Bay Area Equity Group, LLC
    42 views1 page
    7333 Brace - 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?

    7333 Brace - Performance Report

    Copyright:

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

    7333 Brace - Performance Report

    Uploaded by

    Bay Area Equity Group, LLC
    7333 Brace - Performance Report

    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

    7333 Brace Street


    Detroit, MI 48228
    3-bedroom, 1-bath View Map View Comps Export to Excel

    Square Feet 941


    Initial Market Value $27,795
    Purchase Price $27,795
    Downpayment $27,795
    Loan Origination Fees $0
    Depreciable Closing Costs $500
    Other Closing Costs and Fixup $0
    Initial Cash Invested $28,295
    Cost per Square Foot $30
    Monthly Rent per Square Foot $0.58

    Income Monthly Annual Mortgage Info First Second


    Gross Rent $550 $6,600 Loan-to-Value Ratio 0% 0%
    Vacancy Losses $0 $0 Loan Amount --- ---
    Operating Income $550 $6,600 Monthly Payment --- ---
    Loan Type --- ---
    Expenses Monthly Annual Term --- ---
    Property Taxes ($97) ($1,165) Interest Rate --- ---
    Insurance ($54) ($650) Monthly PMI ---
    Management Fees ($55) ($660)
    Leasing/Advertising Fees $0 $0 Financial Indicators
    Association Fees $0 $0 Debt Coverage Ratio N/A
    Maintenance $0 $0 Annual Gross Rent Multiplier 4
    Other $0 $0 Monthly Gross Rent Multiplier 51
    Operating Expenses ($206) ($2,475) Capitalization Rate 14.8%
    Cash on Cash Return 15%
    Net Performance Monthly Annual Total Return on Investment 15%
    Net Operating Income $344 $4,125 Total ROI with Tax Savings 15%
    - Mortgage Payments $0 $0
    = Cash Flow $344 $4,125 Assumptions
    + Principal Reduction $0 $0 Real Estate Appreciation Rate %
    + First-Year Appreciation $0 $0 Vacancy Rate %
    = Gross Equity Income $344 $4,125 Management Fee 10%
    + Tax Savings $0 $0 Maintenance Percentage %
    = GEI w/Tax Savings $344 $4,125 Equity Share Percentage 100%

    © 2004-2011 PropertyTracker.com Terms of Service Privacy Policy

    www.bayareaequitygroup.com

    You might also like