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    7411 Forrer - Performance Report

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    Bay Area Equity Group, LLC
    7411 Forrer - Detroit Investment Property with a 15% return on investment. In-House Home Warranty and Income Protection Plan included with purchase.

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    Download as PDF, TXT or read online from Scribd

    7411 Forrer - Performance Report

    Uploaded by

    Bay Area Equity Group, LLC
    93 views1 page
    7411 Forrer - Detroit Investment Property with a 15% return on investment. In-House Home Warranty and Income Protection Plan included with purchase.

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    © Attribution Non-Commercial (BY-NC)

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    7411 Forrer - Detroit Investment Property with a 15% return on investment. In-House Home Warranty and Income Protection Plan included with purchase.

    Copyright:

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

    7411 Forrer - Performance Report

    Uploaded by

    Bay Area Equity Group, LLC
    7411 Forrer - Detroit Investment Property with a 15% return on investment. In-House Home Warranty and Income Protection Plan included with purchase.

    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

    7411 Forrer Street


    Detroit, MI 48228 View Map View Comps Export to Excel
    3-bedroom, 1-bath
    Square Feet 912
    Initial Market Value $33,195
    Purchase Price $33,195
    Downpayment $33,195
    Loan Origination Fees $0
    Depreciable Closing Costs $500
    Other Closing Costs and Fixup $0
    Initial Cash Invested $33,695
    Cost per Square Foot $36
    Monthly Rent per Square Foot $0.71

    Income Monthly Annual Mortgage Info First Second


    Gross Rent $650 $7,800 Loan-to-Value Ratio 0% 0%
    Vacancy Losses $0 $0 Loan Amount --- ---
    Operating Income $650 $7,800 Monthly Payment --- ---
    Loan Type --- ---
    Expenses Monthly Annual Term --- ---
    Property Taxes ($116) ($1,391) Interest Rate --- ---
    Insurance ($54) ($650) Monthly PMI ---
    Management Fees ($65) ($780)
    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 ($235) ($2,821) Capitalization Rate 15.0%
    Cash on Cash Return 15%
    Net Performance Monthly Annual Total Return on Investment 15%
    Net Operating Income $415 $4,979 Total ROI with Tax Savings 15%
    - Mortgage Payments $0 $0
    = Cash Flow $415 $4,979 Assumptions
    + Principal Reduction $0 $0 Real Estate Appreciation Rate %
    + First-Year Appreciation $0 $0 Vacancy Rate %
    = Gross Equity Income $415 $4,979 Management Fee 10%
    + Tax Savings $0 $0 Maintenance Percentage %
    = GEI w/Tax Savings $415 $4,979 Equity Share Percentage 100%

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