Cap=4.90%, Cash on Cash=7.58%
| $ 1,700.00 | $ 20,400.00 | |||
| Total Gross Income | $ 1,700.00 | $ 20,400.00 | ||
| Vacancy | ||||
| Vacancy Rate @ 10% | $ 170.00 | $ 2,040.00 | ||
| Operating Expenses | ||||
| Fixed | ||||
| Property taxes | $ 140.00 | $ 1,680.00 | ||
| Insurance | $ 25.00 | $ 300.00 | ||
| $ - | ||||
| Variable | $ - | |||
| Property management | $ - | |||
| Maintenance | $ 200.00 | $ 2,400.00 | ||
| Legal Fees | $ 10.00 | $ 120.00 | ||
| Accounting fees | $ 10.00 | $ 120.00 | ||
| Advertising | $ 50.00 | $ 600.00 | ||
| Administrative expenses | $ 50.00 | $ 600.00 | ||
| Extermination | $ 25.00 | $ 300.00 | ||
| Landscaping | $ - | $ - | ||
| Trash Removal | $ - | $ - | ||
| Pool/ Recreational area maintenance | $ - | |||
| Utilities | ||||
| - Sewer | $ - | $ - | ||
| - Gas (propane, oil, natural) | $ - | |||
| - Water | $ - | |||
| - Phone | $ - | $ - | ||
| - Cable | $ - | |||
| - Electric | $ - | $ - | ||
| Total Expenses | $ 680.00 | $ 8,160.00 | ||
| Net Operating Income | $ 1,020.00 | $ 12,240.00 | ||
| Mortgage | ||||
| - First Mortgage | $ 7,500.00 | |||
| - Second Mortgage | ||||
| Profit or Lost | $ 4,740.00 | |||
| Ratios | ||||
| Cap Rate | 4.90% | |||
| Cash on Cash Return | 7.58% |
