Financials
| Listing Price: | $1,225,000 | Building Sq. Ft: | 3,246 | Units | 5 |
|---|---|---|---|---|---|
| Down Payment: | $600,000 | Lot Square Ft: | 9,500 | Price/Unit: | $245,000 |
| Loan Amount: | $625,000 | APN: | 002-413-005 | Age: | 1925/1965 |
| Current Rent GRM: | 14.48 | ProForma GRM: | 14.64 | Roof: | Pitched |
| Cap Rate: | 3.48% | ProForma Cap: | 5.24% | Type | Comp |
| Current: | ProForma: | ||||
| 529 Capitol 3 Bed/2 Bath/Den | $1,750 | $2,100 | |||
| 529 Capitol Unit A - 1 Bed/1 Bath | $1,400 | $1,650 | |||
| 533 Capitol B - 2 Bed/1 Bath | $800 | $1,650 | |||
| 533 Capitol A - 2 Bed/1 Bath | $1,550 | $1,800 | |||
| 533 Capitol B - 2 Bed/1 Bath | $1,550 | $1,800 | |||
| Monthly Scheduled Rents: | $7,050 | $9,000 | |||
| Scheduled Gross Annual Income: | $84,600 | $108,000 | |||
| Less: Vacancy Factor @ 3% | $2,538 | $3,240 | |||
| Plus: Laundry Income Annual: | $1,080 | $1,080 | |||
| Effective Gross Income: | $83,142 | $105,840 | |||
| Less Expenses: | |||||
| Property Taxes: | 1.150% | $14,088 | 16.94% | $14,088 | |
| Direct Charges: | $88 | 0.11% | $88 | ||
| Repairs and Maintenance: | $750 | $3,750 | 4.51% | $3,750 | |
| Off Site Management: | 5% | $4,157 | 5.00% | $5,292 | |
| On Site Management: | |||||
| Property Insurance: | $1,782 | 2.14% | $1,782 | ||
| Garbage: | $75 | $900 | 1.08% | $900 | |
| Sewer: | $184 | $2,208 | 2.66% | $2,208 | |
| Water: | $145 | $1,740 | 2.09% | $1,740 | |
| PG&E: | $548 | $6,576 | 7.91% | $6,576 | |
| Landscaping: | $210 | $2,520 | 3.03% | $2,520 | |
| Reserves: | $250 | $1,250 | 1.50% | $1,250 | |
| Miscellaneous: | $1,500 | 1.80% | $1,500 | ||
| Total Expenses: | $8,112 | $40,559 | 48.78% | $41,694 | |
| Net Operating Income: | $42,583 | $64,147 | |||
| Annual Debt Service: | 3.50% | $33,982 | $33,982 | ||
| Before Tax Cash Flow: | $8,601 | $30,164 |
