Real Estate Investement Details

Transcription

1 Real Estate Investement Details PROPERTY Property: Property Address: REI Wise PURCHASE INFORMATION Property Type: Multi-Family Purhcase Price: $650,000 Fair Market Value: $650,000 Units: 8 Sq. Footage: 1,200 Appreciation Rate: 3% Resale Costs: 8% FINANCIAL INFORMATION Down Payment: $130,000 Passive Loss Rules: No Closing Costs: $5,000 LT Capital Gain: 20% MORTAGES Debt Term Interest Rate Monthly Payment LO Costs First $520, years 6% $3, INCOME & EXPENSES Total Annual Rent: $128,250 Avg. Monthly Rent: $1,336 Total Annual Expenses: ($49,450) Monthly Expenses: ($4,121) CONTACT INFORMATION REI Wise sales@reiwise.com DISCLAIMER: All information is believed to be accurate. The calculations and data presented are deemed to be accurate, but not guaranteed. They are intended for the purpose of illustrative projections and analysis. The information provided is not intended to replace or serve as substitute for any legal, accounting, investment, real estate, tax or other professional advice, consultation or service. The user of this software should consult with a professional in the respective legal, accounting, tax or other professional area before making any decisions. page 1 of 9

2 Annual Property Operating Data Description Year 1 Year 2 Year 3 Year 4 Year 5 Year 6 Year 7 Year 8 Year 9 Year 10 GROSS INCOME $135,000 $139,050 $143,222 $147,518 $151,944 $156,502 $161,197 $166,033 $171,014 $176,144 Vacancy and Credits ($6,750) ($6,953) ($7,161) ($7,376) ($7,597) ($7,825) ($8,060) ($8,302) ($8,551) ($8,807) GROSS OPERATING INCOME $128,250 $132,098 $136,060 $140,142 $144,347 $148,677 $153,137 $157,731 $162,463 $167,337 Expenses Property Management Fee ($8,100) ($8,343) ($8,593) ($8,851) ($9,117) ($9,390) ($9,672) ($9,962) ($10,261) ($10,569) Building Insurance ($4,500) ($4,590) ($4,682) ($4,775) ($4,871) ($4,968) ($5,068) ($5,169) ($5,272) ($5,378) Maintenance ($4,600) ($4,692) ($4,786) ($4,882) ($4,979) ($5,079) ($5,180) ($5,284) ($5,390) ($5,497) Utilities ($7,200) ($7,272) ($7,345) ($7,418) ($7,492) ($7,567) ($7,643) ($7,719) ($7,797) ($7,875) Trash Removal ($1,500) ($1,530) ($1,561) ($1,592) ($1,624) ($1,656) ($1,689) ($1,723) ($1,757) ($1,793) Accounting ($2,300) ($2,346) ($2,393) ($2,441) ($2,490) ($2,539) ($2,590) ($2,642) ($2,695) ($2,749) Advertising ($2,200) ($2,222) ($2,244) ($2,267) ($2,289) ($2,312) ($2,335) ($2,359) ($2,382) ($2,406) Legal ($2,350) ($2,374) ($2,397) ($2,421) ($2,445) ($2,470) ($2,495) ($2,520) ($2,545) ($2,570) Repairs ($4,900) ($4,998) ($5,098) ($5,200) ($5,304) ($5,410) ($5,518) ($5,629) ($5,741) ($5,856) General Supplies ($2,500) ($2,550) ($2,601) ($2,653) ($2,706) ($2,760) ($2,815) ($2,872) ($2,929) ($2,988) Taxes - Personal Property ($9,300) ($9,486) ($9,676) ($9,869) ($10,067) ($10,268) ($10,473) ($10,683) ($10,896) ($11,114) Total Expenses ($49,450) ($50,403) ($51,375) ($52,369) ($53,384) ($54,420) ($55,479) ($56,561) ($57,666) ($58,794) NET OPERATING INCOME $78,800 $81,695 $84,685 $87,773 $90,963 $94,257 $97,658 $101,171 $104,798 $108,543 page 2 of 9

3 Annual Property Operating Data Description Year 11 Year 12 Year 13 Year 14 Year 15 Year 16 Year 17 Year 18 Year 19 Year 20 GROSS INCOME $181,429 $186,872 $192,478 $198,252 $204,200 $210,326 $216,635 $223,134 $229,828 $236,723 Vacancy and Credits ($9,071) ($9,344) ($9,624) ($9,913) ($10,210) ($10,516) ($10,832) ($11,157) ($11,491) ($11,836) GROSS OPERATING INCOME $172,357 $177,528 $182,854 $188,339 $193,990 $199,809 $205,804 $211,978 $218,337 $224,887 Expenses Property Management Fee ($10,886) ($11,212) ($11,549) ($11,895) ($12,252) ($12,620) ($12,998) ($13,388) ($13,790) ($14,203) Building Insurance ($5,485) ($5,595) ($5,707) ($5,821) ($5,938) ($6,056) ($6,178) ($6,301) ($6,427) ($6,556) Maintenance ($5,607) ($5,720) ($5,834) ($5,951) ($6,070) ($6,191) ($6,315) ($6,441) ($6,570) ($6,701) Utilities ($7,953) ($8,033) ($8,113) ($8,194) ($8,276) ($8,359) ($8,443) ($8,527) ($8,612) ($8,698) Trash Removal ($1,828) ($1,865) ($1,902) ($1,940) ($1,979) ($2,019) ($2,059) ($2,100) ($2,142) ($2,185) Accounting ($2,804) ($2,860) ($2,917) ($2,975) ($3,035) ($3,095) ($3,157) ($3,221) ($3,285) ($3,351) Advertising ($2,430) ($2,454) ($2,479) ($2,504) ($2,529) ($2,554) ($2,580) ($2,605) ($2,632) ($2,658) Legal ($2,596) ($2,622) ($2,648) ($2,675) ($2,701) ($2,728) ($2,756) ($2,783) ($2,811) ($2,839) Repairs ($5,973) ($6,093) ($6,214) ($6,339) ($6,465) ($6,595) ($6,727) ($6,861) ($6,998) ($7,138) General Supplies ($3,047) ($3,108) ($3,171) ($3,234) ($3,299) ($3,365) ($3,432) ($3,501) ($3,571) ($3,642) Taxes - Personal Property ($11,337) ($11,563) ($11,795) ($12,031) ($12,271) ($12,517) ($12,767) ($13,022) ($13,283) ($13,548) Total Expenses ($59,947) ($61,125) ($62,329) ($63,558) ($64,815) ($66,099) ($67,410) ($68,751) ($70,121) ($71,520) NET OPERATING INCOME $112,410 $116,403 $120,525 $124,781 $129,175 $133,711 $138,393 $143,227 $148,217 $153,367 page 3 of 9

4 Annual Property Operating Data per Sq. Ft. Description Year 1 Year 2 Year 3 Year 4 Year 5 Year 6 Year 7 Year 8 Year 9 Year 10 GROSS INCOME $ $ $ $ $ $ $ $ $ $ Vacancy and Credits ($5.63) ($5.79) ($5.97) ($6.15) ($6.33) ($6.52) ($6.72) ($6.92) ($7.13) ($7.34) GROSS OPERATING INCOME $ $ $ $ $ $ $ $ $ $ Property Management Fee ($6.75) ($6.95) ($7.16) ($7.38) ($7.60) ($7.83) ($8.06) ($8.30) ($8.55) ($8.81) Expenses Building Insurance ($3.75) ($3.83) ($3.90) ($3.98) ($4.06) ($4.14) ($4.22) ($4.31) ($4.39) ($4.48) Maintenance ($3.83) ($3.91) ($3.99) ($4.07) ($4.15) ($4.23) ($4.32) ($4.40) ($4.49) ($4.58) Utilities ($6.00) ($6.06) ($6.12) ($6.18) ($6.24) ($6.31) ($6.37) ($6.43) ($6.50) ($6.56) Trash Removal ($1.25) ($1.28) ($1.30) ($1.33) ($1.35) ($1.38) ($1.41) ($1.44) ($1.46) ($1.49) Accounting ($1.92) ($1.96) ($1.99) ($2.03) ($2.07) ($2.12) ($2.16) ($2.20) ($2.25) ($2.29) Advertising ($1.83) ($1.85) ($1.87) ($1.89) ($1.91) ($1.93) ($1.95) ($1.97) ($1.99) ($2.01) Legal ($1.96) ($1.98) ($2.00) ($2.02) ($2.04) ($2.06) ($2.08) ($2.10) ($2.12) ($2.14) Repairs ($4.08) ($4.17) ($4.25) ($4.33) ($4.42) ($4.51) ($4.60) ($4.69) ($4.78) ($4.88) General Supplies ($2.08) ($2.13) ($2.17) ($2.21) ($2.26) ($2.30) ($2.35) ($2.39) ($2.44) ($2.49) Taxes - Personal Property ($7.75) ($7.91) ($8.06) ($8.22) ($8.39) ($8.56) ($8.73) ($8.90) ($9.08) ($9.26) Total Expenses ($41.21) ($42.00) ($42.81) ($43.64) ($44.49) ($45.35) ($46.23) ($47.13) ($48.05) ($49.00) NET OPERATING INCOME $65.67 $68.08 $70.57 $73.14 $75.80 $78.55 $81.38 $84.31 $87.33 $90.45 page 4 of 9

5 Annual Property Operating Data per Sq. Ft. Description Year 11 Year 12 Year 13 Year 14 Year 15 Year 16 Year 17 Year 18 Year 19 Year 20 GROSS INCOME $ $ $ $ $ $ $ $ $ $ Vacancy and Credits ($7.56) ($7.79) ($8.02) ($8.26) ($8.51) ($8.76) ($9.03) ($9.30) ($9.58) ($9.86) GROSS OPERATING INCOME $ $ $ $ $ $ $ $ $ $ Property Management Fee ($9.07) ($9.34) ($9.62) ($9.91) ($10.21) ($10.52) ($10.83) ($11.16) ($11.49) ($11.84) Expenses Building Insurance ($4.57) ($4.66) ($4.76) ($4.85) ($4.95) ($5.05) ($5.15) ($5.25) ($5.36) ($5.46) Maintenance ($4.67) ($4.77) ($4.86) ($4.96) ($5.06) ($5.16) ($5.26) ($5.37) ($5.47) ($5.58) Utilities ($6.63) ($6.69) ($6.76) ($6.83) ($6.90) ($6.97) ($7.04) ($7.11) ($7.18) ($7.25) Trash Removal ($1.52) ($1.55) ($1.59) ($1.62) ($1.65) ($1.68) ($1.72) ($1.75) ($1.79) ($1.82) Accounting ($2.34) ($2.38) ($2.43) ($2.48) ($2.53) ($2.58) ($2.63) ($2.68) ($2.74) ($2.79) Advertising ($2.03) ($2.05) ($2.07) ($2.09) ($2.11) ($2.13) ($2.15) ($2.17) ($2.19) ($2.21) Legal ($2.16) ($2.18) ($2.21) ($2.23) ($2.25) ($2.27) ($2.30) ($2.32) ($2.34) ($2.37) Repairs ($4.98) ($5.08) ($5.18) ($5.28) ($5.39) ($5.50) ($5.61) ($5.72) ($5.83) ($5.95) General Supplies ($2.54) ($2.59) ($2.64) ($2.70) ($2.75) ($2.80) ($2.86) ($2.92) ($2.98) ($3.04) Taxes - Personal Property ($9.45) ($9.64) ($9.83) ($10.03) ($10.23) ($10.43) ($10.64) ($10.85) ($11.07) ($11.29) Total Expenses ($49.96) ($50.94) ($51.94) ($52.97) ($54.01) ($55.08) ($56.18) ($57.29) ($58.43) ($59.60) NET OPERATING INCOME $93.68 $97.00 $ $ $ $ $ $ $ $ page 5 of 9

6 Detailed Income Report Description Year 1 Year 2 Year 3 Year 4 Year 5 Year 6 Year 7 Year 8 Year 9 Year 10 Total Income $135,000 $139,050 $143,222 $147,518 $151,944 $156,502 $161,197 $166,033 $171,014 $176,144 Unit 1 $16,800 $17,304 $17,823 $18,358 $18,909 $19,476 $20,060 $20,662 $21,282 $21,920 Unit 2 $18,600 $19,158 $19,733 $20,325 $20,934 $21,562 $22,209 $22,876 $23,562 $24,269 Unit 3 $17,400 $17,922 $18,460 $19,013 $19,584 $20,171 $20,777 $21,400 $22,042 $22,703 Unit 4 $17,400 $17,922 $18,460 $19,013 $19,584 $20,171 $20,777 $21,400 $22,042 $22,703 Unit 5 $14,400 $14,832 $15,277 $15,735 $16,207 $16,694 $17,194 $17,710 $18,241 $18,789 Unit 6 $15,600 $16,068 $16,550 $17,047 $17,558 $18,085 $18,627 $19,186 $19,762 $20,354 Unit 7 $16,800 $17,304 $17,823 $18,358 $18,909 $19,476 $20,060 $20,662 $21,282 $21,920 Unit 8 $18,000 $18,540 $19,096 $19,669 $20,259 $20,867 $21,493 $22,138 $22,802 $23,486 page 6 of 9

7 Detailed Income Report Description Year 11 Year 12 Year 13 Year 14 Year 15 Year 16 Year 17 Year 18 Year 19 Year 20 Total Income $181,429 $186,872 $192,478 $198,252 $204,200 $210,326 $216,635 $223,134 $229,828 $236,723 Unit 1 $22,578 $23,255 $23,953 $24,671 $25,412 $26,174 $26,959 $27,768 $28,601 $29,459 Unit 2 $24,997 $25,747 $26,519 $27,315 $28,134 $28,978 $29,848 $30,743 $31,665 $32,615 Unit 3 $23,384 $24,086 $24,808 $25,552 $26,319 $27,109 $27,922 $28,760 $29,622 $30,511 Unit 4 $23,384 $24,086 $24,808 $25,552 $26,319 $27,109 $27,922 $28,760 $29,622 $30,511 Unit 5 $19,352 $19,933 $20,531 $21,147 $21,781 $22,435 $23,108 $23,801 $24,515 $25,250 Unit 6 $20,965 $21,594 $22,242 $22,909 $23,596 $24,304 $25,033 $25,784 $26,558 $27,355 Unit 7 $22,578 $23,255 $23,953 $24,671 $25,412 $26,174 $26,959 $27,768 $28,601 $29,459 Unit 8 $24,190 $24,916 $25,664 $26,434 $27,227 $28,043 $28,885 $29,751 $30,644 $31,563 page 7 of 9

8 Detailed General Expenses Description Year 1 Year 2 Year 3 Year 4 Year 5 Year 6 Year 7 Year 8 Year 9 Year 10 Total Expenses ($49,450) ($50,403) ($51,375) ($52,369) ($53,384) ($54,420) ($55,479) ($56,561) ($57,666) ($58,794) Property Management Fee ($8,100) ($8,343) ($8,593) ($8,851) ($9,117) ($9,390) ($9,672) ($9,962) ($10,261) ($10,569) Building Insurance ($4,500) ($4,590) ($4,682) ($4,775) ($4,871) ($4,968) ($5,068) ($5,169) ($5,272) ($5,378) Maintenance ($4,600) ($4,692) ($4,786) ($4,882) ($4,979) ($5,079) ($5,180) ($5,284) ($5,390) ($5,497) Utilities ($7,200) ($7,272) ($7,345) ($7,418) ($7,492) ($7,567) ($7,643) ($7,719) ($7,797) ($7,875) Trash Removal ($1,500) ($1,530) ($1,561) ($1,592) ($1,624) ($1,656) ($1,689) ($1,723) ($1,757) ($1,793) Accounting ($2,300) ($2,346) ($2,393) ($2,441) ($2,490) ($2,539) ($2,590) ($2,642) ($2,695) ($2,749) Advertising ($2,200) ($2,222) ($2,244) ($2,267) ($2,289) ($2,312) ($2,335) ($2,359) ($2,382) ($2,406) Legal ($2,350) ($2,374) ($2,397) ($2,421) ($2,445) ($2,470) ($2,495) ($2,520) ($2,545) ($2,570) Repairs ($4,900) ($4,998) ($5,098) ($5,200) ($5,304) ($5,410) ($5,518) ($5,629) ($5,741) ($5,856) General Supplies ($2,500) ($2,550) ($2,601) ($2,653) ($2,706) ($2,760) ($2,815) ($2,872) ($2,929) ($2,988) Taxes - Personal Property ($9,300) ($9,486) ($9,676) ($9,869) ($10,067) ($10,268) ($10,473) ($10,683) ($10,896) ($11,114) page 8 of 9

9 Detailed General Expenses Description Year 11 Year 12 Year 13 Year 14 Year 15 Year 16 Year 17 Year 18 Year 19 Year 20 Total Expenses ($59,947) ($61,125) ($62,329) ($63,558) ($64,815) ($66,099) ($67,410) ($68,751) ($70,121) ($71,520) Property Management Fee ($10,886) ($11,212) ($11,549) ($11,895) ($12,252) ($12,620) ($12,998) ($13,388) ($13,790) ($14,203) Building Insurance ($5,485) ($5,595) ($5,707) ($5,821) ($5,938) ($6,056) ($6,178) ($6,301) ($6,427) ($6,556) Maintenance ($5,607) ($5,720) ($5,834) ($5,951) ($6,070) ($6,191) ($6,315) ($6,441) ($6,570) ($6,701) Utilities ($7,953) ($8,033) ($8,113) ($8,194) ($8,276) ($8,359) ($8,443) ($8,527) ($8,612) ($8,698) Trash Removal ($1,828) ($1,865) ($1,902) ($1,940) ($1,979) ($2,019) ($2,059) ($2,100) ($2,142) ($2,185) Accounting ($2,804) ($2,860) ($2,917) ($2,975) ($3,035) ($3,095) ($3,157) ($3,221) ($3,285) ($3,351) Advertising ($2,430) ($2,454) ($2,479) ($2,504) ($2,529) ($2,554) ($2,580) ($2,605) ($2,632) ($2,658) Legal ($2,596) ($2,622) ($2,648) ($2,675) ($2,701) ($2,728) ($2,756) ($2,783) ($2,811) ($2,839) Repairs ($5,973) ($6,093) ($6,214) ($6,339) ($6,465) ($6,595) ($6,727) ($6,861) ($6,998) ($7,138) General Supplies ($3,047) ($3,108) ($3,171) ($3,234) ($3,299) ($3,365) ($3,432) ($3,501) ($3,571) ($3,642) Taxes - Personal Property ($11,337) ($11,563) ($11,795) ($12,031) ($12,271) ($12,517) ($12,767) ($13,022) ($13,283) ($13,548) page 9 of 9