REAL ESTATE

07 / 15

THE PROPERTY$450K

PURCHASE PRICE$

DOWN PAYMENT20% · $90K

CLOSING COSTS3.0% · $14K

MORTGAGE RATE5.00%

AMORTIZATION25 YRS

RENTAL REVENUE$2K/MO

MONTHLY RENT$/moOTHER INCOME (PARKING, LAUNDRY…)$/mo

VACANCY ALLOWANCE5% · −$120/MO

CASH OUTFLOWS$3K/MO

PROPERTY TAX$/moINSURANCE$/moUTILITIES (IF OWNER-PAID)$/moCONDO / HOA FEES$/mo

MAINTENANCE & REPAIRS5% OF RENT

PROPERTY MANAGEMENT0% OF RENT

CASH FLOW READOUT

ESTIMATED MONTHLY CASH FLOW

−$345

NEGATIVE CASH FLOW — OUTFLOWS EXCEED EFFECTIVE RENTAL INCOME

CASH NEEDED TO CLOSE

$103,500

MORTGAGE PAYMENT

$2,105 /mo

CAP RATE

4.69 %

CASH-ON-CASH

-3.99 %

DSCR

0.84

ANNUAL CASH FLOW

-$4,134

MONTHLY OUTFLOW BREAKDOWN$2,625/MO

PROPERTY TAX$280

INSURANCE$120

UTILITIES$0

CONDO / HOA$0

MAINTENANCE$120

MANAGEMENT$0

VACANCY$120

MORTGAGE P&I$2,105

EFFECTIVE INCOME$2,280/mo

ESTIMATE ONLY · LEVEL-PAYMENT MORTGAGE · VACANCY, MAINTENANCE & MANAGEMENT COMPUTED ON GROSS RENT · EXCLUDES INCOME TAX, APPRECIATION & PRINCIPAL EQUITY GAIN

EXPORT

EXPORTS EVERY INPUT, RESULT AND YEAR-BY-YEAR FIGURE FROM THIS CALCULATION.