Property Report :

Schneider

2056 Lawrence Dr, De Pere, WI 54115

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Real Estate Analysis

Created on: Apr 15, 2025

Author: Michael Schneider

2056 Lawrence Dr, De Pere, WI 54115

Investment strategy: Rental Property

Purchase Price$ 350,000

Rent$ 2,200/mo

Monthly Cash Flow$ 295

Cash on Cash Return2.14 %

Financial Analysis

Cash on Cash Return	2.14 %
Internal Rate of Return (IRR)	8.51 %
Capitalization Rate	3.77 %
Gross Rent Multiplier (GRM)	13.26
Debt-coverage Ratio (DCR)	1.37
Operating Expense Ratio (OER)	50.00 %

Financial Breakdown

Purchase Price	$ 350,000
Purchase Costs	$ 0
Repair/Construction Costs	$ 0
Total Capital Needed Total Capital Needed Includes all projects costs (except selling costs). Total Capital Needed Includes all projects costs (except selling costs).	$ 350,000
Financing	$ 185,000
Total Cash Needed Cash out of Pocket Shows rehabber's cash outlay. Cash out of Pocket Shows rehabber's cash outlay.	$ 165,000
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.	$ 165,000

Operating Analysis

Rent	$ 2,200/mo
Gross Operating Income (GOI)	$ 26,400
Total Expenses	$ 13,200
Net Operating Income (NOI)	$ 13,200
Annual Debt Service	$ 9,662
Cash Flow Before Taxes (CFBT)	$ 3,538
Income Tax Liability	$ -735
Cash Flow After Taxes (CFAT)	$ 4,273

Purchase Price	$ 350,000
Address	2056 Lawrence Dr , De Pere, 54115, WI

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.	$ 26,400
Total Gross Income	$ 26,400
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.	$ 0
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.	$ 26,400	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).
50% rule	$ 13,200	50.00 %
Total Expenses	$ 13,200	50.00 %
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.	$ 13,200	50.00 %

Cash Flow (Year 1)

Net Operating Income	$ 13,200	50.00 %
Annual Debt Service	$ 9,662	36.60 %
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.	$ 3,538	13.40 %
Income Tax Liability	$ -735	-2.78 %
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.	$ 4,273	16.19 %

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).	50.00 %
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.	86.60 %

Year	0	1	2	3	4	5	6	7	8	9	10
Operational Analysis
Gross Scheduled Income	0	26,400	26,928	27,467	28,016	28,576	29,148	29,731	30,325	30,932	31,550
Vacancy Loss	0	0	0	0	0	0	0	0	0	0	0
Gross Operating Income	0	26,400	26,928	27,467	28,016	28,576	29,148	29,731	30,325	30,932	31,550
Expenses	0	13,200	13,464	13,733	14,008	14,288	14,574	14,865	15,163	15,466	15,775
Net Operating Income	0	13,200	13,464	13,733	14,008	14,288	14,574	14,865	15,163	15,466	15,775
Loan Payment	0	9,662	9,662	9,662	9,662	9,662	9,662	9,662	9,662	9,662	9,662
Payment Interest Part	0	5,958	5,835	5,709	5,579	5,444	5,305	5,161	5,013	4,860	4,701
Payment Principal Part	0	3,704	3,826	3,952	4,083	4,217	4,357	4,500	4,649	4,802	4,960
Cash Flow
Repairs/Construction	0	0	0	0	0	0	0	0	0	0	0
Cash Flow Before Taxes	-165,000	3,538	3,802	4,072	4,346	4,627	4,912	5,204	5,501	5,804	6,114
Depreciation	0	10,182	10,182	10,182	10,182	10,182	10,182	10,182	10,182	10,182	10,182
Taxes	0	-735	-638	-539	-438	-335	-228	-120	-8	106	223
Cash Flow After Taxes	-165,000	4,273	4,441	4,611	4,785	4,961	5,141	5,323	5,509	5,698	5,891

Note: All amounts in the table above are in $

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