Help Analyze Multifamily Deal
Property Info: 30+ years multifamily, fully leased, roof recently replaced, great rental area, HVAC looks very old.
Price: $258,240
Loan Info: 5%, 30 year fixed, 20% down
Cash Invested: $51,648
Monthly Loan Payment: $1,104
Monthly Rent: $2,255
Vacancy: 5%
Taxes: $2,522
Repairs: $1,500
CapEx: $1,800
Insurance: $1,100
Management Fees: 2,057
Total Operating Expenses: $8,779
Net Operating Income: $16,928
Cash Flow: $3,675
Estimated Appreciation Rate: 3%
Estimated Appreciation: 7,747
GRM: 9.5
Cap Rate: 6.6%
ROI w/o appreciation (cash flow before tax + principal reduction + Tax Saved): 13.6%
ROI w/ appreciation: 28.56%