Financial Returns
Property Information
- Beds: 10
- Baths: 4
- Sq Feet: 3,383
- Year: 1954
- Monthly Rent: $5,650
- Property Taxes: $590
- Annual HOA: $0
4plex mostly rehabbed and 3/4 units currently rented! CASH COW!
*SELLER TO CONTRIBUTE 2% TOWARDS BUYERS CLOSING COSTS!
3431 Unit A - $1,350 5/1/26 - 5/1/27 (utilities included)
3431 Unit B - $1,200 5/1/26 - 5/1/27(tenant pays an additional $175 to the owner for monthly utilities)
3429 Unit A - $1,550 8/7/26 - 8/7/27 (utilities included)
3429 Unit B - currently vacant just renovated unit, advertising for a tenant for $1,200 plus $175 for utilities.
The owner pays for utilities to make it easier, and then bills the tenants $175 for the monthly utilities.
*FREEE PROPERTY MANAGEMENT FOR THE FIRST 12 MONTHS! After that it is a flat $109 monthly fee.
*90 day warranty on all repairs, 1 year warranty on all major repair items!
Financial Projections
Financing Assumptions
| Loan Amount | $322,500 |
| Financed Rehab Amount | $0 |
| Interest Rate | 6.7% |
| Mortgage (yrs) | 30.0 |
| Mortgage Payment | $2,081 |
Initial Investment
| Down Payment (25%) | $107,500 |
| Credit From Seller | -$8,600 |
| Rehab Amount | $0 |
| Est Closing Cost (2%) | $8,600 |
| Points (2%) | $6,450 |
| Total Out Of Pocket | $113,950 |
Property KPI Without Financing
| Annual Cash Flow | $60,361 |
| All In Cost | $445,050 |
| Cap Rate | 13.56% |
Property KPI With Financing
| Annual Cash Flow | $35,388 |
| Total Out Of Pocket | $113,950 |
| Cash On Cash | 31.06% |
Swipe the table to see Year 1 to Year 10 →
| Annual Revenue Increase | 3% | 3% | 3% | 3% | |
| Annual Operating Expense Increase | 3% | 3% | 3% | 3% | |
| Annual Expense Ratio | 9.16% | 9.16% | 9.16% | 9.16% | |
| Monthly | Year 1 | Year 3 | Year 5 | Year 10 | |
|---|---|---|---|---|---|
| Revenues | |||||
| Potential Rental Income | $5,650 | $67,800 | $71,929 | $76,309 | $88,464 |
| Vacancy Rate (2%) | $113 | $1,356 | $1,439 | $1,526 | $1,769 |
| Gross Rental Income | $5,537 | $66,444 | $70,490 | $74,783 | $86,694 |
| Expenses | |||||
| Estimated Annual Property Taxes | $49 | $590 | $626 | $664 | $770 |
| Estimated Annual Homeowners Insurance | $183 | $2,200 | $2,334 | $2,476 | $2,871 |
| Maintenance & Repairs (3%) | $166 | $1,993 | $2,115 | $2,243 | $2,601 |
| Estimated Annual Prop Mgmt Fee (0%) | $0 | $0 | $0 | $0 | $0 |
| Estimated Annual HOA Dues | $0 | $0 | $0 | $0 | $0 |
| Utilities | $108 | $1,300 | $1,379 | $1,463 | $1,696 |
| Reserves | $0 | $0 | $0 | $0 | $0 |
| Total Expenses | $507 | $6,083 | $6,454 | $6,847 | $7,937 |
| Returns Without Financing | |||||
| NOI (Cash Available) | $5,030 | $60,361 | $64,037 | $67,936 | $78,757 |
| Net Cashflow | $60,361 | $64,037 | $67,936 | $78,757 | |
| Cap Rate | 13.56% | 14.39% | 15.26% | 17.7% | |
| Returns With Financing | |||||
| NOI (Cash Available) | $5,030 | $60,361 | $64,037 | $67,936 | $78,757 |
| Mortgage | $2,081 | $24,972 | $24,972 | $24,972 | $24,972 |
| Net Cashflow | $35,388 | $39,064 | $42,964 | $53,785 | |
| Cash On Cash | 31.06% | 34.28% | 37.7% | 47.2% | |
Property Photos
Projections assume 3% annual rent growth and 3% annual expense growth, based on the Turnkey End Buyer strategy. All figures are estimates for information only. Verify independently before investing.