Acquisition
Price	$3,200,000
-Loans	$2,297,457
Down Payment	$902,543
+Acq Costs	$16,000
+Loan Points	$0
Investment	$918,543
Total SqFt	20000
*APOD Current is the Jan 11 cash flow multiplied by 12 (first month 12) . These numbers will differ from other reports if there are assumed changes in the first year.

Ratios
Capitalization Rate	9.15%
This APOD Capitalization Rate has been calculated by using the Month 1 NOI (24403) * 12 which equals 292836 (shown below). Divide by Purchase Price $3,200,000 and convert to a percentage equaling 9.15%. close
Gross Income Multiplier	8.86
This APOD Gross Income Multiplier has been calculated by using the Purchase Price $3,200,000 divided by Month 1 Gross Income (30103) * 12 which equals 361236 (shown below). The result equals 8.86. close
Cash on Cash	6.78%
This APOD Cash on Cash has been calculated by using the Month 1 Net Operating Cash Flow (5186) * 12 which equals 62232 (shown below). Divide by (Downpayment $902,543 + Acq Costs $16,000 + Loan Points $0) and convert to a percentage equaling 6.78%. close
Debt Coverage Ratio	1.270
This APOD Debt Coverage Ratio has been calculated by using the Month 1 NOI (24403) * 12 which equals 292836 (shown below). Divide by Total Debt Service Month 1 19217 * 12 which equals 230604 equlaing the ratio of 1.270 close
Price/SqFt	$160
This Price/SqFt has been calculated by using the Purchase Price $3,200,000 divided by Total Square Feet 20000 which equals $160. close
Loans to Value	71.80%
This APOD Loans to Value has been calculated by using the loans $2,297,457 divided by Purchase Price $3,200,000 and convert to a percentage equaling 71.80%. close
Loans Constant	10.04%
This APOD Loans Constant has been calculated by using the Total Debt Service Month 1 19217 * 12 equaling 230604 divided by loans $2,297,457 and convert to a percentage equaling 10.04%. close
Loans/SqFt	$115
This APOD Loans/SqFt has been calculated by using the Loans $2,297,457 divided by Total Square Feet 20000 which equals $115. close

	$/SqFt	% of GI	Annual $
Gross Incomehide
201 Office (10000 sf)	$12.00	33.2%	$120,010
102 Drug Store (7500 sf)	$12.60	26.2%	$94,500
103 Beauty Salon (2000 sf)	$14.50	8.0%	$29,004
104 Donuts (2000 sf)	$14.50	8.0%	$29,004
105 Flowers (1000 sf)	$14.50	4.0%	$14,496

Base Rental Revenue	$14.35	79.5%	$287,014
Percentage Rent	$0.20	1.1%	$4,006
Total Reimbursements	$3.51	19.4%	$70,246
Total Gross Income	$18.06	100.0%	$361,246
Less: Vacancy & Credit Loss	$0.00	0.0%	$10
Effective Income	$18.06	100.0%	$361,246
Less: Expenseshide
Maintenance	$0.57	3.2%	$11,410
Insurance	$0.23	1.3%	$4,596
Property Taxes	$1.60	8.9%	$32,004
Security	$0.15	0.8%	$3,000
Utilities	$0.17	0.9%	$3,396
Management Fee	$0.70	3.9%	$14,004

Total Operating Expenses	$3.42	18.9%	$68,410
Net Operating Income	$14.64	81.1%	$292,846
Less: Debt Servicehide
Loan	$11.53	63.8%	$230,614
Total Debt Service	$11.53	63.8%	$230,614
Net Operating Cash Flow	$3.11	17.2%	$62,242