7803 Stahelin - Performance Report

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First-Year Performance Projection

7803 Stahelin Ave


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Detroit, MI 48228
3-bedroom 2-bath
Square Feet 1,000
Purchase Price $25,995
Initial Market Value $25,995
Downpayment $25,995
Loan Origination Fees $0
Depreciable Closing Costs $1,500
Other Closing Costs and Fixup $0
Initial Cash Invested $27,495
Cost per Square Foot $26
Monthly Rent per Square Foot $0.55

Income Monthly Annual Mortgage Info First Second


Gross Rent $550 $6,600 Loan-to-Value Ratio 0% 0%
Vacancy Losses $0 $0 Loan Amount --- ---
Operating Income $550 $6,600 Monthly Payment --- ---
Loan Type --- ---
Expenses Monthly Annual Term --- ---
Property Taxes ($109) ($1,308) Interest Rate --- ---
Insurance ($50) ($600) Monthly PMI ---
Management Fees ($55) ($660)
Leasing/Advertising Fees $0 $0 Financial Indicators
Association Fees $0 $0 Debt Coverage Ratio N/A
Maintenance $0 $0 Annual Gross Rent Multiplier 4
Other $0 $0 Monthly Gross Rent Multiplier 47
Operating Expenses ($214) ($2,568) Capitalization Rate 15.5%
Cash on Cash Return 15%
Net Performance Monthly Annual Total Return on Investment 15%
Net Operating Income $336 $4,032 Total ROI with Tax Savings 15%
- Mortgage Payments $0 $0
= Cash Flow $336 $4,032 Assumptions
+ Principal Reduction $0 $0 Real Estate Appreciation Rate %
+ First-Year Appreciation $0 $0 Vacancy Rate %
= Gross Equity Income $336 $4,032 Management Fee 10%
+ Tax Savings $0 $0 Maintenance Percentage %
= GEI w/Tax Savings $336 $4,032 Equity Share Percentage 100%

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