Financials
| Listing Price: | $1,395,000 | Building Sq. Ft: | 2,100 | Units | 3 |
|---|---|---|---|---|---|
| Down Payment: | $356,000 | Lot Square Ft: | 3,999 | Price/Unit: | $465,000 |
| Loan Amount: | $1,039,000 | APN: | 001-568-011 | Age: | 1944 |
| Gross Rent Multiplier: | 18.44 | Market GRM: | 15.30 | Roof: | Comp |
| Cap Rate: | 3.87% | Market Cap: | 4.46% | ||
| Rent Roll: | Current: | Market: | |||
| Unit A Two Bed / One Bath | $3,100 | $3,200 | |||
| Unit B One Bed / One Bath | $1,400 | $2,200 | |||
| Unit C One Bed / One Bath | $2,000 | $2,200 | |||
| Monthly Scheduled Rents: | $6,500 | $7,600 | |||
| Scheduled Gross Annual Income | $78,000 | $91,200 | |||
| Less: Vacancy Factor @ 3% | $2,340 | $2,736 | |||
| Effective Gross Income: | $75,660 | $88,464 | |||
| Less Expenses: | |||||
| Property Taxes: | $10,800 | 14.27% | $15,390 | 17.40% | |
| Repairs and Maintenance: | $750 | $2,250 | 2.97% | $2,250 | 2.54% |
| Property Insurance: | $3,098 | 4.09% | $3,098 | 3.50% | |
| Garbage: | $32 | $384 | 0.51% | $384 | 0.43% |
| Sewer: | $161 | $1,932 | 2.60% | $1,932 | 2.18% |
| Water: | $80 | $960 | 1.30% | $960 | 1.09% |
| PG&E: | $0 | $0 | 0% | $0 | 0% |
| Landscaping: | $1,800 | 2.38% | $1,800 | 2.03% | |
| Miscellaneous: | $500 | 0.66% | $500 | 0.57% | |
| Total Expenses: | $7,241 | $21,724 | 28.71% | $26,314 | 29.75% |
| Net Operating Income: | $53,936 | $62,150 | |||
