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10820-10822 NE Glisan Street |
Sold |
Scheduled Monthly Rents
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Units
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Type
|
Est. SF
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Current Avg. Rent
|
Monthly Income
|
|
1 |
2 Bedroom / 1 Bath |
1,074 |
$985 |
$985 |
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1 |
2 Bedroom / 1 Bath |
1,071 |
$950 |
$950 |
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Estimated Total
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$1,965 |
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Scheduled Gross Income
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$23,580 |
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Effective Gross Income
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$23,580 |
Estimated Expenses
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|
Current
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|
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% EGI
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Per/Unit
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Amount
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Estimated Net Operating Income (NOI)
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$15,505
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GRM
|
12.91
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Debt Service
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$15,600 |
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Cash Flow
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$3,371 |
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Cash Return
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5.19%
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Proposed Financing
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Listing Summary
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Down Payment
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$65,000 |
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Price
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$305,000 |
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Percent Down
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21%
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Units
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2 |
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Loan Amount
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$240,000 |
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Building Sq. Ft.
|
2,145 |
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Interest Rate
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6.5%
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Price per Unit
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$152,500 |
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Loan Description
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Interest Only |
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Price per Sq. Ft.
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$142.19 |
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