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MULTI -
FAMILY STAT / PROFORMA SHEET |
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Property
Address: |
3828
GENESSEE |
BILL HARGIS CRS, RECS |
City: |
KANSAS CITY |
State: |
MO |
Zip: |
64111 |
Reece
& Nichols Realtors |
Date: |
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Listing Price: |
$299,900 |
Phone: |
913-901-6352 |
MLS No. |
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Fax: |
913-901-6450 |
Directions: |
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[email protected] |
www.kccommercial.net |
Unit Description |
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Current Rental Data |
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Market
Rental Data |
# of
Units |
# Bed |
# Bath |
Unit Rent |
Mo. Rent |
Yearly Rent |
Unit Rent |
Mo. Rent |
Yearly Rent |
6 |
1 |
1 |
$525 |
$3,150 |
$37,800 |
|
$0 |
$0 |
0 |
0 |
0 |
$0 |
$0 |
$0 |
0 |
$0 |
$0 |
0 |
0 |
0 |
$0 |
$0 |
$0 |
0 |
$0 |
$0 |
0 |
0 |
0 |
$0 |
$0 |
$0 |
0 |
$0 |
$0 |
0 |
0 |
0 |
$0 |
$0 |
$0 |
0 |
$0 |
$0 |
0 |
0 |
0 |
$0 |
$0 |
$0 |
0 |
$0 |
$0 |
TOTALS |
$3,150 |
$37,800 |
TOTALS |
$0 |
$0 |
PROFORMA |
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ß |
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ß |
6 |
GROSS SCHEDULED INCOME: |
$37,800 |
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% GSI |
% GSI |
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$0 |
7 |
Less Vacancy and Credit Losses: |
$1,890
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¬ |
5.0% |
5.0% |
® |
$0 |
8 |
Other Income |
$875 |
¬ |
2.3% |
#DIV/0! |
® |
$0 |
9 |
ADJUSTED GROSS INCOME (L6-(L7+L8)): |
$36,785 |
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% AGI |
% AGI |
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$0 |
10 |
Less Accounting and Legal: |
$150 |
¬ |
0.4% |
#DIV/0! |
® |
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11 |
Less Advertising: |
$100 |
¬ |
0.3% |
#DIV/0! |
® |
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12 |
Less Repair and Maintenance: |
$2,800 |
¬ |
7.6% |
#DIV/0! |
® |
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13 |
Less Insurance: |
$1,800 |
¬ |
4.9% |
#DIV/0! |
® |
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14 |
Less Management: |
$2,514 |
¬ |
7.0% |
8.0% |
® |
$0 |
15 |
Less Taxes: |
$1,435 |
¬ |
3.9% |
#DIV/0! |
® |
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16 |
Trash |
$0 |
¬ |
0.0% |
#DIV/0! |
® |
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17 |
Utilities - Water, Electric and Gas |
$1,123 |
¬ |
3.1% |
#DIV/0! |
® |
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18 |
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¬ |
0.0% |
#DIV/0! |
® |
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19 |
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¬ |
0.0% |
#DIV/0! |
® |
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20 |
Less Other: |
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¬ |
0.0% |
#DIV/0! |
® |
$0 |
21 |
Total Expenses(sum L10 - L20): |
$9,922 |
¬ |
27.0% |
#DIV/0! |
® |
$0 |
22 |
Net Operating Income(L9 minus L21): |
$26,863
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$0 |
23 |
Less Annual Debt Service: |
$ 20,626 |
¬ |
56.1% |
#DIV/0! |
® |
$
- |
24 |
Net Income (Cash Flow) L22-L23): |
6,237 |
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0 |
25 |
CAP RATE (NOI ¸ PURCHASE PRICE): |
8.96% |
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0.00% |
26 |
RETURN ON INVESTMENT (NI
¸ DOWN): |
10.40% |
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0.00% |
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Estimated Financing |
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Purchase
Price: |
$299,900 |
6.00% |
:Interest |
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20% |
Down: |
$
59,980 |
20 |
:Years Amortized |
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Amount
Financed: |
$
239,920 |
$
1,718.86 |
:P&I Monthly Payment |
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Description: |
VERY NICE 6 UNIT, 3-STORY BRICK AND FRAME APARTMENT BUILDING IN
A GREAT AREA. THIS PROPERTY IS IN
EXCELLENT CONDITION. THE ROOF WAS
REPLACED 6 YEARS AGO. THE BUILDING
HAS A SECURITY COMBO ENTRY SYSTEM, STORM WINDOWS, FORCED AIR GAS HEAT AND
WINDOW AIR. THIS IS A NON-SMOKING
BUILDING AND NO DOGS ARE ALLOWED.
ONLY BLOCKS FROM THE UNIVERSITY OF KANSAS TEACHING MEDICAL CENTER.
LARGE 1 BEDROOM UNITS (APPROX. 740SF) WITH HARDWOOD FLOORS AND NATURAL
WOODWORK. TENANTS PAY GAS AND ELECTRIC FOR THE UNITS. |
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Information deemed
reliable but not guaranteed |
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