|
Current |
Projected |
| Purchase Price |
|
$ |
|
$ |
| Down Payment |
%
- $
|
|
%
- $
|
|
| Mortgage Amount |
|
= $ |
|
= $ |
| Gross Income |
|
$ |
|
$ |
|
|
Less Rental Vacancy |
% |
- $ |
% |
- $ |
| Effective Gross Income |
|
= $ |
|
= $ |
| Operating Expenses |
|
|
|
Property Taxes |
$ |
|
$ |
|
|
Insurance |
$ |
|
$ |
|
|
Property Management |
$ |
|
$ |
|
|
Accounting / Legal Fees |
$ |
|
$ |
|
|
Association Fees |
$ |
|
$ |
|
|
Repair and Maintenance |
$ |
|
$ |
|
|
Marketing / Commissions |
$ |
|
$ |
|
|
Utilities |
$ |
|
$ |
|
|
Landscaping / Snow Removal |
$ |
|
$ |
|
|
|
$ |
|
$ |
|
| Total Operating Expenses |
|
- $ |
|
- $ |
| Net Operating Income (NOI) |
|
= $ |
|
= $ |
Cap Rate (Rate of Return)
NOI ÷ Purchase Price
|
|
% |
|
% |
|
Mortgage Payment (PI)
|
%
Years
|
- $ |
%
Years
|
- $ |
Cash Flow
NOI - Mortgage Payment
|
|
= $ |
|
= $ |
| Cash Investment |
Down Payment $
+ Closing Cost
$
|
= $ |
Down Payment $
+ Closing Cost
$
|
= $ |
Cash on Cash Return
Cash Flow ÷ Cash Investment
|
|
% |
|
% |
|
Notes:
|
