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Unit TypeUnitsSec8 Rent (per unit)Sec8 MonthlySec8 Annual
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1 Bed / 1 Bath
36 $ 2,040.00 $ 73,440.00
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1 Bed + Den / 1 Bath
6 $ 2,100.00 $ 12,600.00
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2 Bed / 2 Bath
6 $ 2,520.00 $ 15,120.00
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TOTAL48 - $ 101,160.00 $ 1,213,920.00
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ItemAmount ($)
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Gross Potential Rent
$1,213,920.00
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Less Vacancy (2%)
$24,278.40
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Operating Expenses (33%)
$339,897.60
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Net Operating Income (NOI)
$849,744.00
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Valuation @ 6.5% Cap
$13,072,984.62
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Valuation @ 6.0% Cap
$14,162,400.00
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Year
Projected NOI (4% Growth)
Valuation @ 6.0% Cap
Valuation @ 6.5% Cap
Annual Growth Rate
Valuation Difference
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1$849,744.00$14,162,400.00$13,072,984.62-$1,089,415.38
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2$883,733.76$14,728,896.00$13,595,904.004.00%$1,132,992.00
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3$919,083.11$15,318,051.84$14,139,740.074.00%$1,178,311.77
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4$955,846.43$15,930,773.91$14,705,371.214.00%$1,225,402.70
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5$994,080.29$16,568,004.87$15,293,586.854.00%$1,274,418.02
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6$1,033,843.50$17,230,725.06$15,905,338.484.00%$1,325,386.58
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7$1,075,197.24$17,920,014.06$16,541,600.064.00%$1,378,414.00
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8$1,118,205.13$18,636,814.62$17,203,342.734.00%$1,433,471.88
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9$1,162,933.33$19,382,287.20$17,891,673.884.00%$1,490,613.32
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10$1,209,450.66$20,157,589.69$18,607,764.224.00%$1,549,825.47
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