Income: Gross Potential Rent - 3 BR, 1 BA $805 $9,660Misc. Income - Less: Vacant Units 8% (773)Effective Gross Income $8,887Operating Expenses: Management Fee 10% $889Real Estate Taxes 1,352 Insurance 450 Repairs and Maintenance 10% 889 Total Operating Expenses $3,579 Net Operating Income $5,308 Loan Analysis Purchase Price $53,300 Loan Amount (80% LTV) $42,640Down Payment $10,660 Interest Rate 5.50%Amortization 30 Annual Debt Service $2,905Capitalization Rate 10.0%Cash Flow $2,402Estimated Return On Cash (20% Down Payment) 22.5%
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