Group #1
| Property Information | |
| List Price: | $ 119,000 |
| Income | |
| Gross Potential Rent: | $ 1,146.00 |
| Vacancy Factor: | $ 95.50 |
| Gross Operating Income: | $ 1,050.50 |
| Expenses | |
| Management Fee: | $ 103.14 |
| Maintenance Reserves: | $ 57.30 |
| Property Taxes: | $ 243.67 |
| Insurance: | $ 49.58 |
| Utilities: | $ 0.00 |
| HOA Fees: | $ 0.00 |
| Other: | $ 11.46 |
| Total Operating Expenses: | $ 465.15 |
| Net Operating Income | |
| Net Operating Income: | $ 585.35 |
Group #2
| Property Information | |
| List Price: | $ 109,000 |
| Income | |
| Gross Potential Rent: | $ 1,210.00 |
| Vacancy Factor: | $ 100.83 |
| Gross Operating Income: | $ 1,109.17 |
| Expenses | |
| Management Fee: | $ 108.90 |
| Maintenance Reserves: | $ 60.50 |
| Property Taxes: | $ 237.57 |
| Insurance: | $ 45.42 |
| Utilities: | $ 0.00 |
| HOA Fees: | $ 0.00 |
| Other: | $ 12.10 |
| Total Operating Expenses: | $ 464.48 |
| Net Operating Income | |
| Net Operating Income: | $ 644.69 |
Group #3
| Property Information | |
| List Price: | $ 145,000 |
| Income | |
| Gross Potential Rent: | $ 1,502.00 |
| Vacancy Factor: | $ 125.17 |
| Gross Operating Income: | $ 1,376.83 |
| Expenses | |
| Management Fee: | $ 135.18 |
| Maintenance Reserves: | $ 75.10 |
| Property Taxes: | $ 338.65 |
| Insurance: | $ 60.42 |
| Utilities: | $ 0.00 |
| HOA Fees: | $ 0.00 |
| Other: | $ 15.02 |
| Total Operating Expenses: | $ 624.37 |
| Net Operating Income | |
| Net Operating Income: | $ 752.46 |
2 comments:
Would you be paying cash for these? I don't see a mortgage expense.
Not all all. This is the amount after all deductions, excluding debt service. I can then figure out what type of terms I can offer. Unfortunately, these figures require me to get IO mortgages, or nothing at all (unless I'm willing to endure negative CF), based on the premise I'll put nothing down. :(
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