DFW * Duplexes 6/4
| Property Specifications | 2 | Per Door |
| Bedrooms | 6 | 3 |
| Bathrooms | 4 | 2.0 |
| Square Feet | 2312 | 1156 |
| Year Built | 1985 | |
| Garage Size | 2 | 1 |
| Schools Rating (on scale of A-F) | B |
| Purchase Assumptions | My Offer | Per Door |
| Offer used for analysis | $360,000 | $180,000 |
| Suggested offer (low) | $360,000 | $180,000 |
| Suggested offer (high) | $360,000 | $180,000 |
| Asking | $360,000 | $180,000 |
| Market Value (after improvements) | $360,000 | |
| Improvements (lower) | $6,500 | $3,250 |
| Improvements (upper) | $8,500 | $4,250 |
| Closing Costs | $4,000 | $2,000 |
| Mortgage Costs | $4,000 | $2,000 |
| Other Fees At Closing | $0 | $0 |
| Total Cost | $375,500 | $2,000 |
| Financing Assumptions | |||
| Down Payment (%) | 25% | ||
| Down Payment Amount | $90,000 | ||
| Financed Amount | $270,000 | ||
| Interest Rate | 3.40% | ||
| Mortgage Term (Years) | 30 | ||
| Monthly Mortgage Payment | $1,197 | ||
| Cash Outlay (Total Out of Pocket) | $105,500 | ||
| Financial Assumptions | Monthly | Yearly | ||
| Rent (upper) | $3,100 | $3,200 | $38,400 | |
| Rent (lower) | $3,000 | $36,000 | ||
| Property Tax Rate (Approx.) | 2.3% | |||
| Property Taxes | $300 | $3,600 | ||
| Insurance | $150 | $1,800 | ||
| Repairs | $150 | $1,800 | ||
| Variable-Cost PM | Flat Fee | |||
| Property Management Fee | $200 | $2,400 | ||
| Leasing Fee | 80% | $103.3 | $1,240 | |
| HOA | $0 | $0 | ||
| Vacancy Rate | 4.0% | |||
| Total Fixed Expenses | $1,019 | $12,232 | ||
| Total Expenses (Fixed + Mortgage) | $2,217 | $26,601 | ||
| Financial Analysis / Deal Attractiveness | ||
| Years: | 5 | 10 |
| Cap Rate | 11.0% | 12.3% |
| Net Cash Flow | $58,091 | $129,705 |
| Equity Increase | $106,231 | $234,585 |
| Total Gain | $164,322 | $364,289 |
| Average Cash Flow/Year | $11,618 | $12,970 |
| Average Cash Flow/Month | $968 | $1,081 |
| Average Gain/Year | $32,864 | $36,429 |
| Average ROI | 155.8% | 345.3% |
| Annual ROI | 31.2% | 34.5% |
| Projected Property Value | $437,995 | $532,888 |
| Property Ratings Suggestions | |||||
| Item | Suggested Criteria (Min.) | This Property | FAVORABLE / INSUFFICIENT | ||
| Schools | B | B | FAVORABLE | ||
| Square Feet | 1000 | 2312 | FAVORABLE | ||
| Bedrooms | 3 | 6 | FAVORABLE | ||
| Bathrooms | 2 | 4 | FAVORABLE | ||
| Year Built | 1970 | 1985 | FAVORABLE | ||
| Rent/Price (%) | 0.75% | 0.89% | FAVORABLE | ||
| Average Cash Flow (at year 5) | $125 | $968 | FAVORABLE | ||
| Average ROI (at year 5) | 15% | 31.2% | FAVORABLE | ||
