Financials
| Listing Price: | $949,000 | Building Sq. Ft: | 2,765 | Units | 3 |
|---|---|---|---|---|---|
| Down Payment: | $315,000 | Lot Square Ft: | 9,309 | Price/Unit: | $316,333 |
| Loan Amount: | $634,000 | APN: | 002-412-023 | Age: | 1965 |
| Current Rent GRM: | 15.89 | Market GRM: | 12.07 | Roof: | Composition |
| Cap Rate: | 4.18% | Market Cap: | 5.99% | ||
| Current: | ProForma: | ||||
| 536 Capitol: 2 bed/1 bath | $1,650 | $2,150 | |||
| 538 Capitol: 3 Bed/2 Bath | $1,925 | $2,050 | |||
| 540 Capitol 2 Bed/1 Bath | $1,500 | $2,350 | |||
| Monthly Scheduled Rents: | $5,075 | $6,550 | |||
| Scheduled Gross Annual Income: | $60,900 | $78,600 | |||
| Less: Vacancy Factor @ 3% | $1,827 | $2,358 | |||
| Plus: Laundry Income Annual: | $54 | $54 | |||
| Effective Gross Income: | $59,721 | $76,890 | |||
| Less Expenses: | |||||
| Property Taxes: | 1.080% | $10,249 | 17.16% | $10,249 | |
| Direct Charges: | $174 | $174 | |||
| Repairs and Maintenance: | $650 | $1,950 | 3.27% | $1,950 | 2.54% |
| Property Insurance: | $1,403 | 2.53% | $1,403 | 1.82% | |
| Garbage: | |||||
| Property Management: | 5% | $2,986 | 5.0% | $2,986 | 3.88% |
| Sewer: | $60 | $720 | 1.2% | $720 | 0.94% |
| Water: | $87 | $1,044 | 1.7% | $1,044 | 1.36% |
| PG&E: | |||||
| Landscaping: | $500 | 0.84% | $500 | 0.65% | |
| Miscellaneous: | $1,000 | 1.67% | $1,000 | 1.30% | |
| Total Expenses: | $6,675 | $20,026 | 33.53% | $20,026 | 26.05% |
| Net Operating Income: | $39,695 | $56,864 | |||
| Annual Debt Service: | 3.50% | $34,471 | $34,471 | ||
| Before Tax Cash Flow: | $5,223 | 1.66% | $22,392 | 7.11% |
