|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
MULTI - FAMILY STAT / PROFORMA SHEET |
|
|
|
|
|
Property Address: |
3635 Walnut |
Reece & Nichols Realtors |
City: |
Kansas City |
State: |
MO |
Zip: |
|
BRICE
BRADSHAW |
Date: |
|
|
Listing Price: |
$872,000 |
Phone: |
913-219-7074 |
MLS No. |
|
|
Fax: |
913-901-6450 |
Directions: |
|
BILL HARGIS 913-901-6352 |
www.kccommercial.net |
Unit Description |
|
Current Rental Data |
|
|
|
Market
Rental Data |
# of Units |
# Bed |
# Bath |
Unit Rent |
Mo. Rent |
Yearly Rent |
Unit Rent |
Mo. Rent |
Yearly Rent |
16 |
2 |
1 |
$505 |
$8,080 |
$96,960 |
550 |
$8,800 |
$105,600 |
10 |
1 |
1 |
$405 |
$4,050 |
$48,600 |
450 |
$4,500 |
$54,000 |
|
|
|
|
$0 |
$0 |
0 |
$0 |
$0 |
|
|
|
|
$0 |
$0 |
0 |
$0 |
$0 |
|
|
|
|
$0 |
$0 |
0 |
$0 |
$0 |
|
|
|
|
$0 |
$0 |
0 |
$0 |
$0 |
TOTALS |
$12,130 |
$145,560 |
TOTALS |
$13,300 |
$159,600 |
PROFORMA |
|
ß |
|
|
|
|
ß |
6 |
GROSS SCHEDULED INCOME: |
$145,560 |
|
% GSI |
% GSI |
|
$159,600 |
7 |
Less
Vacancy and Credit Losses: |
$10,189
|
¬ |
7.0%[1] |
7.0%[2] |
® |
$11,172 |
8 |
Other Income |
$2,500 |
¬ |
1.7% |
1.6% |
® |
$2,500 |
9 |
ADJUSTED GROSS INCOME (L6-(L7+L8)): |
$137,871 |
|
% AGI |
% AGI |
|
$150,928 |
10 |
Less Accounting and Legal |
$500 |
¬ |
0.4% |
0.3% |
® |
$500 |
11 |
Less Advertising: |
$500 |
¬ |
0.4% |
0.3% |
® |
$500 |
12 |
Less Repair and Maintenance: |
$13,000 |
¬ |
9.4% |
8.6% |
® |
$13,000 |
13 |
Less Insurance: |
$9,234 |
¬ |
6.7% |
6.1% |
® |
$9,234 |
14 |
Less Management: |
$10,830 |
¬ |
8.0%[3] |
8.0%[4] |
® |
$11,874 |
15 |
Less Taxes: |
$4,000 |
¬ |
2.9% |
2.7% |
® |
$4,000 |
16 |
Trash & Pest Control |
$1,200 |
¬ |
0.9% |
0.8% |
® |
$1,200 |
17 |
Utilities |
$11,500 |
¬ |
8.3% |
7.6% |
® |
$11,500 |
18 |
|
|
¬ |
0.0% |
0.0% |
® |
|
19 |
|
|
¬ |
0.0% |
0.0% |
® |
|
20 |
Less Other: |
MISC |
$4,500 |
¬ |
3.3% |
3.0% |
® |
$4,500 |
21 |
Total Expenses(sum L10 - L20): |
$55,264 |
¬ |
40.1% |
37.3% |
® |
$56,308 |
22 |
Net Operating Income(L9 minus L21): |
$82,607 |
|
|
|
|
$94,620 |
23 |
Less Annual Debt Service: |
$ 61,187 |
¬ |
44.4% |
40.5% |
® |
$ 61,187 |
24 |
Net Income (Cash Flow) L22-L23): |
21,420 |
|
33,432 |
25 |
CAP RATE (NOI ¸ PURCHASE
PRICE): |
9.47% |
|
10.85% |
26 |
RETURN ON INVESTMENT (NI ¸ DOWN): |
12.28% |
|
19.17% |
|
|
Estimated Financing |
|
|
|
|
|
|
|
Purchase Price: |
$872,000 |
6.25% |
:Interest |
|
|
|
|
|
20% |
Down: |
$
174,400 |
20 |
:Years Amortized |
|
|
|
|
Amount Financed: |
$
697,600 |
$
5,098.96 |
:P&I Monthly Payment |
|
|
|
|
|
Description: |
|
|
|
|
|
|
|
|
|
|
|
Information deemed
reliable but not guaranteed |
|
|
|
|
|
|
|
|
|
|
|
|
|