Property Report :

Pueblo-West-Haney

1000 S Sweetwater Dr, Pueblo West, CO 81007

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Real Estate Analysis

Created on: Apr 16, 2025

Author: Satish D.Mani

1000 S Sweetwater Dr, Pueblo West, CO 81007

Apartment:

Investment strategy: Rental Property

Purchase Price$ 335,000

Rent$ 2,500/mo

Monthly Cash Flow$ 2,265

Cash on Cash Return8.03 %

Financial Analysis

Cash on Cash Return	8.03 %
Internal Rate of Return (IRR)	9.11 %
Capitalization Rate	7.88 %
Gross Rent Multiplier (GRM)	11.50
Debt-coverage Ratio (DCR)	0.00
Operating Expense Ratio (OER)	7.55 %
After Repair Value	$ 345,000
Profit/Equity From Rehab	$ 6,600

Financial Breakdown

Purchase Price	$ 335,000
Purchase Costs	$ 2,400
Repair/Construction Costs	$ 1,000
Total Capital Needed Total Capital Needed Includes all projects costs (except selling costs). Total Capital Needed Includes all projects costs (except selling costs).	$ 338,400
Financing	$ 0
Total Cash Needed Cash out of Pocket Shows rehabber's cash outlay. Cash out of Pocket Shows rehabber's cash outlay.	$ 338,400
Cash at Closing Cash at Closing This number includes down payment and loan points. Cash at Closing This number includes down payment and loan points.	$ 0
Cash During Rehab Cash During Rehab Shows the cash amount remaining to fund the purchase and rehab/construction. Cash During Rehab Shows the cash amount remaining to fund the purchase and rehab/construction.	$ 338,400

Operating Analysis

Rent	$ 2,500/mo
Gross Operating Income (GOI)	$ 29,400
Total Expenses	$ 2,220
Net Operating Income (NOI)	$ 27,180
Annual Debt Service	$ 0
Cash Flow Before Taxes (CFBT)	$ 27,180
Income Tax Liability	$ 4,359
Cash Flow After Taxes (CFAT)	$ 22,821

Purchase Price	$ 335,000
Address	1000 S Sweetwater Dr , Pueblo West, 81007, CO
Type	Apartment

Annual Property Operating Data

Incomes		% of GOI
Gross Scheduled Income Gross Scheduled Income (GSI) Represents the total of monthly rents for the particular property, including the potential rents from vacant units and uncollectable rents. Gross Scheduled Income (GSI) Represents the total of monthly rents for the particular property, including the potential rents from vacant units and uncollectable rents.	$ 30,000
Total Gross Income	$ 30,000
Vacancy loss Vacancy and Credit Loss Part of the potential rental income that is lost because of unoccupied units or uncollectable rent from tenants. Vacancy and Credit Loss Part of the potential rental income that is lost because of unoccupied units or uncollectable rent from tenants.	$ 600
Gross Operating Income Gross Operating Income (GOI) An actual income which is expected to be collected in the property. Gross Operating Income (GOI) An actual income which is expected to be collected in the property.	$ 29,400	100.00 %
Expenses Operating Expenses Expenses necessary for maintaining the property and ensuring its continued ability to produce income (doesn't include mortgage payments or depreciation). Operating Expenses Expenses necessary for maintaining the property and ensuring its continued ability to produce income (doesn't include mortgage payments or depreciation).
Property manager	$ 1,470	5.00 %
Repairs	$ 100	0.34 %
Property tax	$ 650	2.21 %
Total Expenses	$ 2,220	7.55 %
Net Operating Income Net Operating Income (NOI) Important measurement calculated as gross operating income minus operating expenses. Net Operating Income (NOI) Important measurement calculated as gross operating income minus operating expenses.	$ 27,180	92.45 %

Cash Flow (Year 1)

Net Operating Income	$ 27,180	92.45 %
Annual Debt Service	$ 0	0.00 %
Cash Flow Before Taxes (CFBT) Cash Flow All the inflows and outflows of cash for a certain property (including mortgage payments). We can calculate cash flow before taxes (CFBT) or cash flow after taxes (CFAT) which is CFBT minus any tax liability arising from the operation of the property. Cash Flow All the inflows and outflows of cash for a certain property (including mortgage payments). We can calculate cash flow before taxes (CFBT) or cash flow after taxes (CFAT) which is CFBT minus any tax liability arising from the operation of the property.	$ 27,180	92.45 %
Income Tax Liability	$ 4,359	14.83 %
Cash Flow After Taxes (CFAT) Cash Flow All the inflows and outflows of cash (including mortgage payments). We can calculate cash flow before taxes (CFBT) or cash flow after taxes (CFAT) which is CFBT minus any tax liability arising from the operation of the property. Cash Flow All the inflows and outflows of cash (including mortgage payments). We can calculate cash flow before taxes (CFBT) or cash flow after taxes (CFAT) which is CFBT minus any tax liability arising from the operation of the property.	$ 22,821	77.62 %

Operating Ratios

Operating Expense Ratio Operating Expense Ratio Ratio of the operating expenses to the gross operating income (GOI). Operating Expense Ratio Ratio of the operating expenses to the gross operating income (GOI).	7.55 %
Break-Even Ratio Break-Even Ratio (BER) Another benchmark used by mortgage lenders, estimating how vulnerable is a certain property to defaulting on its mortgage if part of the rental income is declined. Most of the lenders are looking for BER of 85% or less. Break-Even Ratio (BER) Another benchmark used by mortgage lenders, estimating how vulnerable is a certain property to defaulting on its mortgage if part of the rental income is declined. Most of the lenders are looking for BER of 85% or less.	7.55 %

Year	0	1	2	3	4	5	6	7	8	9	10
Operational Analysis
Gross Scheduled Income	0	30,000	30,600	31,212	31,836	32,473	33,122	33,785	34,461	35,150	35,853
Vacancy Loss	0	600	612	624	637	649	662	676	689	703	717
Gross Operating Income	0	29,400	29,988	30,588	31,200	31,824	32,460	33,109	33,771	34,447	35,136
Expenses	0	2,220	2,264	2,310	2,356	2,403	2,451	2,500	2,550	2,601	2,653
Net Operating Income	0	27,180	27,724	28,278	28,844	29,421	30,009	30,609	31,221	31,846	32,483
Cash Flow
Repairs/Construction	1,000	0	0	0	0	0	0	0	0	0	0
Cash Flow Before Taxes	-338,400	27,180	27,724	28,278	28,844	29,421	30,009	30,609	31,221	31,846	32,483
Depreciation	0	9,745	9,745	9,745	9,745	9,745	9,745	9,745	9,745	9,745	9,745
Taxes	0	4,359	4,495	4,633	4,775	4,919	5,066	5,216	5,369	5,525	5,684
Cash Flow After Taxes	-338,400	22,821	23,229	23,645	24,069	24,502	24,943	25,393	25,852	26,321	26,798

Note: All amounts in the table above are in $

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