Income: Gross Potential Rent -5 BR, 2 BA $1600 $19,200Misc. Income - Less: Vacant Units 8% (1,536)Effective Gross Income $17,664Operating Expenses: Management Fee 10% $1,766Real Estate Taxes 2,160Insurance 900 Repairs and Maintenance 10% 1,766 Total Operating Expenses $6,593Net Operating Income $11,071 Loan Analysis Purchase Price $120,000Loan Amount (80% LTV) $96,000Down Payment $24,000Interest Rate 5.0%Amortization 30 Annual Debt Service $6,184Capitalization Rate 9.2%Cash Flow $4,887Estimated Return On Cash (20% Down Payment) 20.4%
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