Archives: July 2011

Real Estate Investing Basics – Teleseminar

 

Teleseminar: Real Estate Investing Basic

  • Fundamental elements of real estate investing
  • What makes real estate investing so special
  • Excellent explanation for beginners and a good reminder for experienced investors (more…)

Dallas Real Estate Investment – Teleseminar

Recorded Wed. 6/22/11 6:30 PM PST {9:30 PM ET}

Download Recording File – Part One (MP3)
Download Recording File – Part Two (MP3)

Download PDF File (more…)

San Francisco Hidden Opportunties – Teleseminar

San Francisco Bay Hidden Jewels – Socially Conscious Real Estate Investments

  • Learn which part/s of the SFBA are good for investments
  • Be involved in helping main street America while making a profitable investment
  • Understand ways you purchase a property and have several exit plans

Download/listen to recording

Download PDF File

(more…)

Builder’s Duplex Dallas – Teleseminar

Presentation: Multi-family New Construction Homes In Dallas

Recorded  . Wed. 7/6/11 6:30 PM PST {9:30 PM ET}

Download Recording File (MP3)

Download PDF File (more…)

13649 N 36th Ave, Phoenix, 85029

Property Analysis Report

Category: Rental Property

Download PDF Report

Disclaimer

This tool is provided “As Is”. All information is believed to be accurate, but not guaranteed. It is intended for the purpose of illustrative projections.
The information provided is not intended to replace or substitute any legal, accounting, investment, real estate, tax or other professional advice, consultation or service. The author of this tool is not responsible nor liable for any damages arising from the use of the tool.

Executive Summary

Property Description

Name 13649 N 36th Ave Phoenix
Address 13649 N 36th Ave, Phoenix
Type Singlefamily
Size 1396 SF
Rooms 3 bed. + 2 bath.
Purchase Price $ 78,000
Rent $ 950/month

 

Financing Overview

Purchase Price $ 78,000
Down Payment $ 15,600
Mortgage (30yr @ 5.50%) $ 62,400
Loan-to-Value (LTV) 80.00 %
Closing Costs $ 2,500
Total Aquisition Cost $ 82,000

Income, Expenses and Cash Flow (Year 1)

Gross Operating Income (GOI) $ 10,830
Total Expenses $ 3,239
Net Operating Income (NOI) $ 7,591
Annual Debt Service $ 4,252
Rehabilitaion $ 0
Cash Flow Before Taxes (CFBT) $ 3,340
Income Tax Liability $ 0
Cash Flow After Taxes (CFAT) $ 3,340

 

Financial Analysis

Holding period of 15 years and discount rate of 10% were used for calculation of NPV and IRR. The rest of the financial measures are for the 1st year only and therefore doesn’t provide such exact information.

Net Present Value (NPV) $ 49,214
Internal Rate of Return (IRR) 20.12 %
Cash on Cash Return 17.04 %
Return on Equity (ROE) 17.04 %
Capitalization Rate 9.73 %
Gross Rent Multiplier (GRM) 6.84
Debt-coverage Ratio (DCR) 2.68
Operating Expense Ratio (OER) 29.91 %

Resale Analysis

Sale Price in year 15 (Appreciation:1%) $ 90,556
Sale Proceeds (Before Tax) $ 40,855
Optimal Holding Period (based on NPV) 30 years
 

Property Description

Rented for $950.
Has a pool.
This is a 1396 square foot, 2.0 bathroom, single family home. It is located at 13649 N 36th Ave Phoenix, Arizona. The nearest schools are Chaparral Elementary School, Desert Foothills Middle School and Moon Valley High School.

Price $ 78,000
Address 13649 N 36th Ave, Phoenix, 85029, AZ
Country US
Year Built 1971
Type Singlefamily
Size 1396 SF
Number of Bedrooms 3
Number of Bathrooms 2

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