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Portfolio Value$265,000 Internal Estimate
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Bank Loan$198,750 75% LTV, 5.25% interest, 20 Year Am
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Properties 3
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Units3
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Rent/Unit$905
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Annual Rent$32,580
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Vacancy$3,258 10.0%
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Other Income$977 3% (Late Fees, App Fees, etc.)
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Gross Income$30,299
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Taxes$2,623 Real Numbers
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Insurance$750 Real Numbers
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Utilities$300 Estimate ($100/unit)
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Management Fee$1,818 (6%) Not a real expense, Stewardship self-manages
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Repairs & Maintenance$1,500 Estimate ($500/unit)
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Contract Services$300 Estimate ($100/unit)
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HOA$2,520 $210/month (Roanoke)
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General Admin$0 Not allocated, would be included in management fee
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Marketing$0 Not allocated, would be included in management fee
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Payroll$0 Not allocated, would be included in management fee
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Recurring CAPEX$750 Estimate ($250/unit)
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Net Operating Expenses$10,561 $3,520/Unit Per Year
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Net Operating Income$19,738
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Debt Service$16,071 $133.27/Month
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Cash Flow$3,667 Doesn't include principle paydown
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Cap Rate7.45
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Cash on Cash5.54%
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Debt Service Ratio1.23
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Stewardship Monthly Cash Flow$306
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Per Property Monthly Cash Flow$102
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Per Unit Monthly Cash Flow$102
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Per Property Annual Cash Flow$1,222
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Per Unit Annual Cash Flow$1,222
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Stewardship Annual Cash Flow$3,667
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