Property Report :

325 W Race St

325 W Race St, Pottsville, PA 17901

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Real Estate Analysis

Created on: Apr 16, 2025

Author: Ben Rakov

325 W Race St, Pottsville, PA 17901

Townhouse: 6 rooms: 3 bedrooms , 1 bathroom

Year built: 1920, Size: 1280 SF

Investment strategy: Rental Property

Purchase Price$ 23,000

Rent$ 750/mo

Monthly Cash Flow$ 553

Cash on Cash Return26.52 %

Financial Analysis

Cash on Cash Return	26.52 %
Internal Rate of Return (IRR)	24.17 %
Capitalization Rate	18.94 %
Gross Rent Multiplier (GRM)	3.89
Debt-coverage Ratio (DCR)	0.00
Operating Expense Ratio (OER)	24.05 %
After Repair Value	$ 35,000
Profit/Equity From Rehab	$ 10,000

Financial Breakdown

Purchase Price	$ 23,000
Purchase Costs	$ 2,000
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).	$ 25,000
Financing	$ 0
Total Cash Needed Cash out of Pocket Shows rehabber's cash outlay. Cash out of Pocket Shows rehabber's cash outlay.	$ 25,000
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.	$ 25,000

Operating Analysis

Rent	$ 750/mo
Gross Operating Income (GOI)	$ 8,730
Total Expenses	$ 2,100
Net Operating Income (NOI)	$ 6,630
Annual Debt Service	$ 0
Cash Flow Before Taxes (CFBT)	$ 6,630
Income Tax Liability	$ 1,490
Cash Flow After Taxes (CFAT)	$ 5,140

Purchase Price	$ 23,000
Address	325 W Race St , Pottsville, 17901, PA
Year Built	1920
Type	Townhouse
Size	1280 SF
Bedrooms	3
Bathrooms	1
Rooms Total	6

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.	$ 9,000
Total Gross Income	$ 9,000
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.	$ 270
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.	$ 8,730	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	$ 500	5.73 %
Insurance	$ 600	6.87 %
Repairs	$ 500	5.73 %
Property tax	$ 500	5.73 %
Total Expenses	$ 2,100	24.05 %
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.	$ 6,630	75.95 %

Cash Flow (Year 1)

Net Operating Income	$ 6,630	75.95 %
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.	$ 6,630	75.95 %
Income Tax Liability	$ 1,490	17.07 %
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.	$ 5,140	58.87 %

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).	24.05 %
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.	24.05 %

Year	0	1	2	3	4	5	6	7	8	9	10
Operational Analysis
Gross Scheduled Income	0	9,000	9,180	9,364	9,551	9,742	9,937	10,135	10,338	10,545	10,756
Vacancy Loss	0	270	275	281	287	292	298	304	310	316	323
Gross Operating Income	0	8,730	8,905	9,083	9,264	9,450	9,639	9,831	10,028	10,229	10,433
Expenses	0	2,100	2,142	2,185	2,229	2,273	2,319	2,365	2,412	2,460	2,510
Net Operating Income	0	6,630	6,763	6,898	7,036	7,177	7,320	7,466	7,616	7,768	7,923
Cash Flow
Repairs/Construction	0	0	0	0	0	0	0	0	0	0	0
Cash Flow Before Taxes	-25,000	6,630	6,763	6,898	7,036	7,177	7,320	7,466	7,616	7,768	7,923
Depreciation	0	669	669	669	669	669	669	669	669	669	669
Taxes	0	1,490	1,523	1,557	1,592	1,627	1,663	1,699	1,737	1,775	1,814
Cash Flow After Taxes	-25,000	5,140	5,239	5,341	5,444	5,550	5,657	5,767	5,879	5,993	6,110

Note: All amounts in the table above are in $

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