Rental Calculation #'s take a look

[Tami R.]

So I am looking at this commercial bldg.  $225k.  Doesn't need anything.  Client pays all expense - just signed a lease for another 5 years at $3k per month.  I am not familiar with the calculators but just put #'s in and came up with the following and wanted you guys to look at it and let me know:

Monthly Income: Monthly Expenses: Monthly Cash Flow: Pro Forma Cap Rate: $3,000.00 $2,168.15 $831.85 11.99% NOI Total Cash Needed Cash on Cash ROI Purchase Cap Rate $27,578.00 $230,000.00 4.34% 12.26%