Live From The Field

Purchase AssumptionsMy OfferPer Door
Offer used for analysis$320,000$160,000
Suggested offer (low)$320,000$160,000
Suggested offer (high)$320,000$160,000
Asking$320,000$160,000
Market Value (after improvements)$320,000 
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 $335,500$2,000
Purchase AssumptionsMy OfferPer Door
Offer used for analysis$320,000$160,000
Suggested offer (low)$320,000$160,000
Suggested offer (high)$320,000$160,000
Asking$320,000$160,000
Market Value (after improvements)$320,000 
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 $335,500$2,000
Financial AssumptionsMonthlyYearly
Rent (upper)$2,700$2,800$33,600
Rent (lower)$2,600$31,200
 Property Tax Rate (Approx.)2.3% 
 Property Taxes$300$3,600
 Insurance$150$1,800
 Repairs$150$1,800
Variable-Cost PMFlat Fee 
Property Management Fee$200$2,400
 Leasing Fee80%$90.0$1,080
 HOA$0$0
 Vacancy Rate4.0% 
 Total Fixed Expenses$990$11,880
 Total Expenses (Fixed + Mortgage)$2,054$24,652
Financial Analysis / Deal Attractiveness 
Years:510
 Cap Rate9.0%10.2%
 Net Cash Flow$42,926$96,966
 Equity Increase$94,428$208,520
 Total Gain$137,354$305,486
   
 Average Cash Flow/Year$8,585$9,697
 Average Cash Flow/Month$715$808
 Average Gain/Year$27,471$30,549
 Average ROI143.8%319.9%
 Annual ROI28.8%32.0%
 Projected Property Value$389,329$473,678
Property Ratings Suggestions
 Item   Suggested Criteria (Min.)This PropertyFAVORABLE /
INSUFFICIENT
 Schools  BBFAVORABLE
 Square Feet 10002312FAVORABLE
 Bedrooms  34FAVORABLE
 Bathrooms 24FAVORABLE
 Year Built  19701985FAVORABLE
 Rent/Price (%) 0.75%0.88%FAVORABLE
 Average Cash Flow (at year 5)$125$715FAVORABLE
 Average ROI (at year 5)15%28.8%FAVORABLE