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Property
Street City State Zip
Listing Offer Purchase Decision
List Price $120,000 Offer Price $113,000 Metrics Proforma
List Date 4/1/2020 Max Bid Discount To ARV 91.0%
DOM 1712 % of Max Bid Cap Rate 7.6%
Source Roofstock % of Listing 94% Monthly Cashflow $217
Cash on Cash 10.4%
Property After Repair Value Neighborhood 3.0
Bed 4 After Repair Value $125,000 Bed Count 4
Bath 3 Zestimate Bath Count 3.0
Square footage 2,650 Other Source Square Feet 2650
Lot 1875 Lender Appraisal Maximum Purchase Price $113,000
Year Built 1964 Rent $1,200
Capital Expenditures
Area Best Guess $750 Income Month
Neighborhood 3 Pro Forma $0 Rent $1,200.00
Cumulative School 7 Budget Vacancy Factor $60.00
Actual $750 Expected Rent $1,140.00
Lending Cap Ex Delta -$750
APR 4.25% Expenses Month
Loan to Cost 80% Rent Prop Taxes $82.08
Loan Amount (no fee$90,400 Best Guess $1,200 PM Fees $91.20
Loan Fees $0 Market Rent $1,200 Leasing Fee $28.50
Loan Amount (with lo$90,400 Rent Actual Prop Insurance $79.80
Repairs & Maint $62.70
Cost To Close Equity Cap Ex Reserve $60.00
Down Payment $22,600 Immediate $11,250 Other/Misc
Closing Costs $1,695 Value Appreciation 2.5% Total $404.28
Cap Ex $750 Rent Growth 2.5%
Initial Investment $25,045
Occupancy
Links Status Vacant Reserves Month
Listing URL End of Lease Turn Reserves $74.10
Debt Servicing Month
Appreciation / Equity Mortgage $445.00
Value Appreciation
Rent Growth Cash Flow Month
Unlevered CF $661.62
Levered CF $216.62
Net Operating Income Month
$735.72
Purchase Decision
Target Decision
93.00% Y
7.0% Y
$100 Y
10.0% Y
3.0 Y
3 Y
2.0 Y
1500 Y
$125,000 Y
$1,000.00 Y
Annual Assumption
$14,400
$720 5.0%
$13,680
Annual Assumption (% effective rent)
$985 7.2%
$1,094 8.0%
$342 2.5%
$958 7.0%
$752 5.5%
$720 5.0%
$4,851 30.20%
Annual Assumption (% effective rent)
$889 6.5%
Annual
$5,340 (Link to mortgage calculator)
Annual Assumptions
$7,939 Income - Expenses
$2,599 Income - Expenses - Debt Servicing
Annual
$8,829
