Property Type
10 units
Refers to the kind of property, including the number of units in the building.
Total Cash Investment
$575,000
No Description found!
Fund Type
9.55%|
No Description found!
Projected Refi/Resale Cap Rate Used in Model
8.00%
No Description found!
7.25-8.00%
No Description found!
Cash on Cash Return, Year 2
15.87%
Cash on cash return is the ratio of annual before-tax cash flow to the total amount of cash invested, shown as a percentage. Year 2 is once the property has reached full stabilization, and the building is fully rented.
Avg. Internal Rate of Return, Year 7
26.90%
The average value of the stream of Cash on Cash returns produced by the property through Year 7. This is the rate of return that would be required to equal the benefit of owning the property.
Proposed Unit Configuration (BRs/BAs)
6- 1BR/1BA, 2- 2BR/1BA,2- 3BR/1BA
This describes how many units contain a specified number of bedrooms and bathrooms.
Unit Mix Monthly Gross Income (per unit)
$800-950, $800-1,100, $1,050-1,250
These are the amounts of gross income per month based on the type of units in the building.
Projected Gross Income (annually/monthly)
$9,300/ $111,600
The projected income from all revenue sources for the property (by year and month).
Projected Vacancy
$11,160
The projected annual cost of a building’s vacancy based on the percentage of units that are anticipated to be empty in a given year.
Taxes
$9,398
The annual tax amount for the property.
Insurance
$1,545
This is the estimated annual cost for insuring the property.
$8,035
No Description found!
Repairs and Maintenance
$8,240
The estimated cost for repairs and maintenance within a year.
$8,498
No Description found!
Water
$4,635
This is the estimated cost for these utilities, based on individual properties.
$2,060
No Description found!
Net Operating Income (annual/monthly)
$4,578/ $54,940
The amount of money generated by the property, less the regular expenses required to keep it in operation. Does not include financial costs like mortgage payments.
