Acquisition
Price$1,550,000
 -Loans$1,240,000
Down Payment$310,000
 +Acq Costs$77,500
 +Loan Points$18,600
Investment $406,100
Total Units42
**APOD Current is the Jan 12 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 Rate8.70%
Gross Income Multiplier 7.73
Cash on Cash1.07%
Debt Coverage Ratio1.033
Price/Unit$36,905
Loans to Value80.00%
Loans Constant 10.53%
Loans/Unit$29,524


$/Unit% of GIAnnual $
Gross Incomehide
1 Bedroom Units (10 units)$3,937.0019.6%$39,370
2 Bedroom Units (32 units)$4,920.0078.6%$157,440
Laundry$85.711.8%$3,600
Total Gross Income$4,771.67100.0%$200,410
Less: Vacancy & Credit Loss$238.815.0%$10,030
Effective Income$4,533.1095.0%$190,390
Less: Expenseshide
Property Taxes$443.109.3%$18,610
Insurance$71.431.5%$3,000
Pool$28.570.6%$1,200
Gardener$18.000.4%$756
Utilities$114.292.4%$4,800
Resident Manager$238.005.0%$9,996
Maintenance$76.291.6%$3,204
Reserve$76.291.6%$3,204
Miscellaneous$28.570.6%$1,200
Management Fee$226.574.7%$9,516
Total Operating Expenses$1,320.8127.7%$55,474
Net Operating Income$3,212.5267.3%$134,926
Less: Debt Service$3,109.3865.2%$130,594
Net Operating Cash Flow$103.382.2%$4,342