Cap=4.90%, Cash on Cash=7.58%

 

			$           1,700.00	$         20,400.00
Total Gross Income			$           1,700.00	$         20,400.00
Vacancy
Vacancy Rate @ 10%			$              170.00	$          2,040.00
Operating Expenses
Fixed
Property taxes			$              140.00	$          1,680.00
Insurance			$                25.00	$             300.00
				$                    -
Variable				$                    -
Property management				$                    -
Maintenance			$              200.00	$          2,400.00
Legal Fees			$                10.00	$             120.00
Accounting fees			$                10.00	$             120.00
Advertising			$                50.00	$             600.00
Administrative expenses			$                50.00	$             600.00
Extermination			$                25.00	$             300.00
Landscaping			$                     -	$                    -
Trash Removal			$                     -	$                    -
Pool/ Recreational area maintenance				$                    -
Utilities
- Sewer			$                     -	$                    -
- Gas (propane, oil, natural)				$                    -
- Water				$                    -
- Phone			$                     -	$                    -
- Cable				$                    -
- Electric			$                     -	$                    -
Total Expenses			$              680.00	$          8,160.00
Net Operating Income			$           1,020.00	$         12,240.00
Mortgage
- First Mortgage				$          7,500.00
- Second Mortgage
Profit or Lost				$      4,740.00
Ratios
Cap Rate				4.90%
Cash on Cash Return				7.58%