Financials
| Listing Price: | $1,949,000 | Building Sq. Ft: | 3,799 | Units | 5 |
|---|---|---|---|---|---|
| Down Payment: | $931,000 | Lot Square Ft: | 9,097 | Price/Unit: | $389,800 |
| Loan Amount: | $1,018,000 | APN: | 79906030 | Age: | 1963 |
| Gross Rent Multiplier: | 16.04 | Market GRM: | 13.76 | Roof: | Pitched |
| Cap Rate: | 3.96% | Market Cap: | 4.92% | Price/Sq Ft | $513 |
| Rent Roll: | Current: | Market: | |||
| Unit A Two Bed / 1 Bath - 850sq ft | $2,245 | $2,600 | |||
| Unit B Two Bed / 1 Bath - 850 sq ft | $2,137 | $2,600 | |||
| Unit C One Bed / 1 Bath - 700 sq ft | $1,722 | $2,200 | |||
| Unit D One Bed / 1 Bath - 700 sq ft | $2,195 | $2,200 | |||
| Unit E One Bed / 1 Bath - 700 sq ft | $1,825 | $2,200 | |||
| Monthly Scheduled Rents: | $10,124 | $11,800 | |||
| Scheduled Gross Annual Income | $121,488 | $141,600 | |||
| Less: Vacancy Factor @ 3% | $3,645 | $4,248 | |||
| Additional Income Laundry: | $2,055 | $2,055 | |||
| Effective Gross Income: | $119,898 | $139,407 | |||
| Less Expenses: | |||||
| Property Taxes: | 1.126% | $18,458 | 15.39% | $18,458 | 13.24% |
| Repairs and Maintenance: | $750 | $3,750 | 3.13% | $3,750 | 2.69% |
| Property Management | 5% | $5,995 | 5.00% | $6,970 | 5.00% |
| Property Insurance: | $1,876 | 1.56% | $1,876 | 1.35% | |
| Garbage: | $1,939 | 1.62% | $1,939 | 1.39% | |
| Water & Sewer: | $3,293 | 2.75% | $3,293 | 2.36% | |
| PG&E: | $3,980 | 3.32% | $3,980 | 2.85% | |
| Laundry Equipment: | $506 | 0.42% | $506 | 0.36% | |
| License Fee: | $35 | 0.03% | $35 | 0.03% | |
| Landscaping: | $1,800 | 1.50% | $1,800 | 1.29% | |
| Miscellaneous: | $1,000 | 0.83% | $1,000 | 0.72% | |
| Total Expenses: | $8,526 | $42,632 | 35.56% | $43,607 | 31.28% |
| Net Operating Income: | $77,266 | $95,800 | |||
| Annual Debt Service:: | 4.75% | $64,347 | $64,347 | ||
| Before Tax Cash Flow: | $12,919 | 1.39% | $31,452 | 3.38% | |
