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Call Steve Lipkin (802) 846-9575
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ACTIVE690-720 West Milton Rd.
Milton		938-950 Shelburne Rd
South Burlington		64-66 Swift St
South Burlington		102 Juniper Ridge56 North Williston Road
Williston		25-27 Upper Main St
Essex		AVG%16-18 Lincoln St
Essex Junction		TEMPLATE
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MLS #5068967507110550371665074773505905950686235033938
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DOM12397323191126172347
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LIST DATE11/07/2512/03/2504/21/251/23/202608/31/2511/04/2503/28/25
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LIST PRICE$2,500,000$2,200,000$630,000$600,000$550,000$514,900$1,165,817 $2,650,000
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SALE PRICE$2,500,000$2,200,000$630,000$600,000$550,000$514,900$1,165,817 $2,650,000
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LIST TO SALE RATIO100%$1 #DIV/0!
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LOT SIZE10.000.410.220.470.211.00 2.05 0.48
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ZONINGResHigh Scale MixedResResVillage ResResVillage CenterRes
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YEAR BUILT1970196619401965190019701952 1900
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FINISHED SF ABOVE GRADE7,6808,1361,99615402,2932,20039747,824
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PRICE PER SQUARE FOOT$326 $270 $316 $390$240 $234 $296$339 #DIV/0!
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UNIT COUNT1082222 4 42
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PRICE PER UNIT$250,000$275,000$315,000$300,000$275,000$257,450$278,742$662,500$0
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BEDROOM COUNT20104465 8 66
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PRICE PER BEDROOM$125,000 $220,000 $157,500 $150,000$91,667 $102,980 $141,191$441,667 $0
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 Unit 1$1600 (2 BR)$2,200 (2 BR)$2,000 (2 BR)$2,500 (2 BR-est. vacant)$2400 (3 BR - est)$1,700 (3 BR)$2,650 (4 BR)
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 Unit 2 $1500 (2 BR)$1,200 (2 BR)$1,850 (2 BR)$2,500 (2 BR-est. vacant)$2,400 (3 BR-est. vacant)$2,000 (2 BR)$1,500 (est. Commercial)
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 Unit 3$1100 (2 BR)$1,650 (2 BR)$2,250 (2 BR)
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 Unit 4$1100 (2 BR)$900 (1 BR)$1,500 (est. Commercial)
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 Unit 5$600 (2 BR)$1,000 (2 BR)
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 Unit 6$1100 (2 BR)$900 (1 BR)
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 Unit 7$1300 (2 BR)$3,500 (Commercial)
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 Unit 8$1100 (2 BR)$2,500 (Commercial)
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 Unit 9$1100 (2 BR)
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 Unit 10$1100 (2 BR)
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 Unit 11
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 Unit 12
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AVERAGE RENT PER UNIT$1,160 $1,731 $1,925 $2,500$2,400 $1,850 $1,928$1,975 $0
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AVERAGE RENT PER BEDROOM$580 $1,385 $963 $1,250$800 $740 $953$1,317 $0
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GROSS MONTHLY INCOME$11,600$13,850$3,850$5,000$4,800$3,700$7,133$7,900$0
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ANNUAL INCOME$139,200$166,200$46,200$60,000$57,600$44,400$85,600$94,800$0
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ANNUAL EXPENSES
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 Property Taxes$21,714$25,648$7,707$8,161$6,322$8,754$13,05156%$14,968
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 Insurance$7,190$5,108$3,000 (estimated)$2,000 (estimated)$2,000 (estimated)$1,478 (estimated)$3,46315%$3,000 (estimated)$2,000 (estimated)
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 Trash Expense$2600 (estimated)$2,627$1,000 (estimated)$1000 (estimated)$1200 (estimated)$1,000 (estimated)$1,5717%$1,000 (estimated)$1200 (estimated)
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 Heat$647tenantstenantstenantstenants$1,795$1,2215%$2,000 (estimated)tenants
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 Hot Water Tank Rentalunknown$1,782unknownunknownunknownunknown$1,7828%unknownunknown
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 Electric$647tenantstenantstenantstenantstenants$6473%$1,000 (estimated)tenants
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 Snow/Landscaping$2500 (estimated)$2,640$500 (estimated)$500 (estimated)$500 (estimated)$1,275 (estimated)$1,3196%$500 (estimated)$500 (estimated)
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 Water/Sewer$636$2,132$1,200 (estimated)$1,200 (estimated)$1,400 (estimated)tenants?$1,3146%$1,200 (estimated)$1,400 (estimated)
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 Maintenance$5000 (estimated)$2,900$1,500 (estimated)$1000 (estimated)$1000 (estimated)$750 (estimated)$2,0259%$1,500 (estimated)$1000 (estimated)
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TOTAL ANNUAL EXPENSES$40,934$42,837$14,907$13,861$12,422$15,052$23,336$25,168$6,100
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NET OPERATING INCOME$98,266$123,363$31,293$46,139$45,178$29,348$62,265$69,632-$6,100
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EXPENSE RATIO29.41%25.77%32.27%23.10%21.57%33.90%28%26.55%
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CAP RATE 3.93%5.61%4.97%7.69%8.21%5.70%6.02%2.63%
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*Estimated
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The above information is deemed reliable but is not guarnteed - some figures may be estimated
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Potential Return on Investment
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Down Payment %25%25%25%25%25%25%25%25%25%
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Sale Price (or Offer Price)$2,500,000$2,200,000$630,000$600,000$550,000$514,900$1,165,817$2,650,000
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Down Payment$625,000$550,000$157,500$150,000$137,500$128,725$291,454$662,500$0
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Financed Amount$1,875,000$1,650,000$472,500$450,000$412,500$386,175$874,363$1,987,500$0
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Payments per Term Loan300300360360360360$340360360
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Interest Rate of Loan6.00%6.00%6.00%6.00%6.00%6.00%6.00%6.00%6.50%6.00%
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Number of Payments per year121212121212121212
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Monthly Mortgage Payment$12,081$10,631$2,833$2,698$2,473$2,315$5,505$12,562$0
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Annual Mortgage Payment$144,968$127,572$33,995$32,376$29,678$27,784$66,062$150,748$0
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Cash Flow (Pre-Tax)-$46,702-$4,209-$2,702$13,763$15,500$1,564-$3,797-$81,116-$6,100
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Cash on Cash Return-7.47%-0.77%-1.72%9.18%11.27%1.22%$0-12.24%
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Capitalization Rate3.93%5.61%4.97%7.69%8.21%5.70%6.02%2.63%
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Above Pro-Forma does not consider additional tax benefits of ownership including interest deduction and depreciation. Please check with your tax professional.
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