Property Report: gf RENTAL

Property Report :

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3rd floor, Iowa city, IA 52240

Created on: Apr 14, 2025

Author: Mansi Parkhi

3rd floor, Iowa city, IA 52240

Apartment: 4 rooms: 2 bedrooms , 2 bathrooms

Year built: 2008, Size: 100 SF

Investment strategy: Rental Property

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Purchase Price$ 10,000
Rent$ 1,500/mo
Monthly Cash Flow$ 2,250
Cash on Cash Return100.00 %

Financial Analysis

Cash on Cash Return 100.00 %
Internal Rate of Return (IRR) 68.36 %
Capitalization Rate 168.75 %
Gross Rent Multiplier (GRM) 0.89
Debt-coverage Ratio (DCR) 0.00
Operating Expense Ratio (OER) 25.00 %
After Repair Value $ 16,000

Financial Breakdown

Purchase Price $ 10,000
Purchase Costs $ 12,000
Repair/Construction Costs $ 5,000
Total Capital Needed
$ 27,000
Financing $ 0
Total Cash Needed
$ 27,000
Cash at Closing
$ 0
Cash During Rehab
$ 27,000

Operating Analysis

Rent $ 1,500/mo
Gross Operating Income (GOI) $ 36,000
Total Expenses $ 9,000
Net Operating Income (NOI) $ 27,000
Annual Debt Service $ 0
Cash Flow Before Taxes (CFBT) $ 27,000
Income Tax Liability $ 6,677
Cash Flow After Taxes (CFAT) $ 20,323

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Purchase Price $ 10,000
Address 3rd floor , Iowa city, 52240, IA
Year Built 2008
Type Apartment
Size 100 SF
Bedrooms 2
Bathrooms 2
Rooms Total 4

Annual Property Operating Data

Incomes % of GOI
Gross Scheduled Income
$ 18,000    
Mansi Parkhi $ 18,000
Total Gross Income $ 36,000  
Vacancy loss
$ 0  
Gross Operating Income
$ 36,000 100.00 %
Expenses
50% rule $ 9,000 25.00 %
Total Expenses $ 9,000 25.00 %
Net Operating Income
$ 27,000 75.00 %
JavaScript chart by amCharts 3.20.13

Cash Flow (Year 1)

Net Operating Income $ 27,000 75.00 %
Annual Debt Service $ 0 0.00 %
Cash Flow Before Taxes (CFBT)
$ 27,000 75.00 %
Income Tax Liability $ 6,677 18.55 %
Cash Flow After Taxes (CFAT)
$ 20,323 56.45 %

Operating Ratios

Operating Expense Ratio
25.00 %
Break-Even Ratio
25.00 %
Year 0123
Operational Analysis
Gross Scheduled Income 0 36,000 36,360 36,727
Vacancy Loss 0 0 0 0
Gross Operating Income 0 36,000 36,360 36,727
Expenses 0 9,000 9,180 9,364
Net Operating Income 0 27,000 27,180 27,364
Cash Flow
Repairs/Construction 5,000 0 0 0
Cash Flow Before Taxes -27,000 27,000 27,180 27,364
Depreciation 0 291 291 291
Taxes 0 6,677 6,722 6,768
Cash Flow After Taxes -27,000 20,323 20,458 20,595

Note: All amounts in the table above are in $

JavaScript chart by amCharts 3.20.13

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