Complete Analysis 7711 Carroll Ave
Complete Analysis Report For Property Located At
7711 CARROLL AVE TAKOMA PARK, MD 20912
Mortgage Analysis Report For Property Located At
7711 CARROLL AVE TAKOMA PARK, MD 20912 Purchase Value Purchase Price:
Closing Costs $410,000.00
Assessed Value: Last Sale Price:
Mortgages First Mortgage Mortgage Type: Amount: Down Payment: Interest Only Term: Interest Only APR: Fixed Interest Term: Fixed Interest APR: Extra Payment Frequency: Extra Payment Amount: Bi-Weekly Payments: Effective Term: Monthly I.O. Payment Monthly Fixed APR Pmt: Total Interest: Total Paid:
Fixed Interest $410,000.00 $0.00
30 Years 7.00%
360 Months $2,727.74 $571,986.68 $981,986.68
Additional Expenses Amount Of Default: Accrued Interest: Other Fees:
$0.00 $0.00 $0.00
$403,000.00 $73,000.00
Seller Pays Closing Costs: No Points: 0.00% Administration Fee: Application Fee: Commitment Fee: Document Preparation: Funding Fee: Mortgage Broker Fee: Processing: Tax Service: Underwriting: Appraisal: Attorney or Settlement: Credit Report: Flood Certification: Pest & Other: Survey: Title Insurance: Title Search: Recording Fee: Taxes: Other Fees or Costs: Total:
$0.00 $336.00 $205.00 $498.00 $194.00 $228.00 $839.00 $320.00 $73.00 $269.00 $327.00 $445.00 $29.00 $17.00 $68.00 $174.00 $605.00 $200.00 $76.00 $1,339.00 $0.00 $6,242.00
Rehab/Improvements Analysis Report For Property Located At
7711 CARROLL AVE TAKOMA PARK, MD 20912
Improvements Kitchen:
$8,000.00
Roof:
$4,000.00
Electrical:
$7,500.00
Driveway:
$6,000.00
Exterior:
$2,000.00
Chimney:
$0.00
Wall:
$2,000.00
Garage:
$0.00
Bathroom(s):
$10,000.00
Gutter:
$200.00
Ceiling:
$1,500.00
Irrigation/Sprinklers:
$0.00
Window(s):
$5,000.00
Cladding:
$0.00
Fireplace:
$0.00
Landscaping:
$4,000.00
Door(s):
$0.00
Deck:
$0.00
Skylight:
$0.00
Equipment:
$0.00
Carpet:
$0.00
Porch:
$500.00
Foundation:
$0.00
Pool/Spa Repair:
$0.00
Interior Paint:
$2,000.00
Heating:
$2,500.00
Basement:
$20,000.00
Other:
$5,300.00
Exterior Paint:
$2,000.00
AC/Heat Pump:
$2,500.00
Attic:
$4,000.00
Flooring:
$6,000.00
Plumbing:
$5,000.00
Alarm:
$0.00
Total Improvements Expenses:
$100,000.00
Rental Analysis Report For Property Located At
7711 CARROLL AVE TAKOMA PARK, MD 20912
Unit Type
Qty
Rent/Mo
SqFt
$/SqFt
Miscellaneous Income
Occupancy %
Annual % Increase
Annual Income Increase Monthly
/
Annually
Type:
Laundry Room:
Amount:
Vending Machines: Late Charges: Deposit Forfeitures: Section 8 Income: Income From Interest: Other Income:
Summary Total Gross Monthly Income: Property Management Fee: Leasing Commissions: Leasing Commissions (First Year): Total Net Monthly Income:
Average Monthly Rent
Expenses Analysis Report For Property Located At
7711 CARROLL AVE TAKOMA PARK, MD 20912
Operating Expenses Monthly
/
Monthly
Annually
/
Annually
Property Taxes:
$513.52
$6,162.28
Trash:
$0.00
$0.00
Advertising:
$0.00
$0.00
Accounting:
$0.00
$0.00
Janitorial Service:
$0.00
$0.00
Association Fees:
$0.00
$0.00
Legal:
$0.00
$0.00
Landscaping:
$0.00
$0.00
Licenses:
$0.00
$0.00
Fire Insurance:
$0.00
$0.00
Repairs And Maintenance:
$0.00
$0.00
Flood Insurance:
$0.00
$0.00
Supplies:
$0.00
$0.00
Mortgage Insurance:
$0.00
$0.00
Electricity:
$0.00
$0.00
Liability Insurance:
$0.00
$0.00
Gas:
$0.00
$0.00
Workmen's Comp Insurance:
$0.00
$0.00
Sewer And Water:
$0.00
$0.00
Payroll:
$0.00
$0.00
Telephone:
$0.00
$0.00
Pool/Spa Service:
$0.00
$0.00
Other Utilities:
$0.00
$0.00
Miscellaneous/Reserves:
$0.00
$0.00
Apply Operating Expenses Per Unit: No
Yearly Expenses Increase
Summary
Type:
Percentage
Amount:
0.00%
Total Monthly Operating Expenses:
$513.52
Rehab/Improvements Analysis Report For Property Located At
7711 CARROLL AVE TAKOMA PARK, MD 20912
Tax Rates Capital Gains Tax Rate:
0.00%
State Income Tax Rate:
0.00%
Federal Income Tax Rate:
0.00%
Depreciation Type: Fixed Dollar Amount: $0.00, Depreciable Years: 27.5 Method: Straightline
Analysis First Payment Date
05/22/2016
Length
1 Year
Annual Market Value Increase Rate:
0.00%
Property Value Increase
Sales Cost Rate Sales Cost Rate:
0.00%
Type:
Percentage
Market Value:
$799,000.00
Property Value Basis
Cash Flow For Property Located At
1 Year Analysis Beginning 05/22/16
7711 CARROLL AVE TAKOMA PARK, MD 20912
Purchase Price: Down Payment: Closing Costs: Additional Up-Front Expenses: Initial Capital Improvements:
$410,000.00 $0.00 Rental Increase: $6,242.00 Inflation: $0.00 State Tax: $100,000.00 Federal Tax:
3rd Month
0.00% 0.00% 0.00% 0.00%
1st Month
2nd Month
4th Month
5th Month
June 2016
July 2016
August 2016 September 2016
October 2016
Rental Income
$0.00
$0.00
$0.00
$0.00
$0.00
Section 8
$0.00 $0.00
$0.00 $0.00
$0.00 $0.00
$0.00 $0.00
$0.00 $0.00
$0.00
$0.00
$0.00
$0.00
$0.00
$0.00
$0.00
$0.00
$0.00
$0.00
$0.00
$0.00
$0.00
$0.00
$0.00
Income From Interest
$0.00 $0.00
$0.00 $0.00
$0.00 $0.00
$0.00 $0.00
$0.00 $0.00
Late Charges
$0.00
$0.00
$0.00
$0.00
$0.00
Laundry Room Other Income
$0.00 $0.00 $0.00
$0.00 $0.00 $0.00
$0.00 $0.00 $0.00
$0.00 $0.00 $0.00
$0.00 $0.00 $0.00
Total Other Revenue
$0.00
$0.00
$0.00
$0.00
$0.00
$0.00 $0.00 $0.00
$0.00 $0.00 $0.00
$0.00 $0.00 $0.00
$0.00 $0.00 $0.00
$0.00 $0.00 $0.00
$0.00
$0.00
$0.00
$0.00
$0.00
Payroll
$0.00
$0.00
$0.00
$0.00
$0.00
Supplies
$0.00
$0.00
$0.00
$0.00
$0.00
$0.00
$0.00
$0.00
$0.00
$0.00
$0.00 $0.00
$0.00 $0.00
$0.00 $0.00
$0.00 $0.00
$0.00 $0.00
$0.00
$0.00
$0.00
$0.00
$0.00
$0.00 $0.00
$0.00 $0.00
$0.00 $0.00
$0.00 $0.00
$0.00 $0.00
$0.00 $0.00
$0.00 $0.00
$0.00 $0.00
$0.00 $0.00
$0.00 $0.00
$0.00
$0.00
$0.00
$0.00
$0.00
Details Rental Income
Leasing Commissions Total Rental Income Vacancy Reduction Vacancy Total Vacancy Reduction Other Revenue Deposit Forfeitures
Vending Machines
Administrative Expenses Advertising Legal Accounting Licenses
Total Administrative Expenses Management Expenses Management Fees Association Fees Total Management Expenses Utilities Expenses Electricity Gas Sewer And Water Other Utilities Total Utilities Expenses
Cash Flow For Property Located At
1 Year Analysis Beginning 05/22/16
7711 CARROLL AVE TAKOMA PARK, MD 20912 Total Utilities Expenses
Purchase Price: Down Payment: Closing Costs: Additional Up-Front Expenses: Initial Capital Improvements:
$410,000.00 $0.00 Rental Increase: $6,242.00 Inflation: $0.00 State Tax: $100,000.00 Federal Tax:
0.00% 0.00% 0.00% 0.00%
$0.00
$0.00
$0.00
$0.00
$0.00
1st Month
2nd Month
3rd Month
4th Month
5th Month
June 2016
July 2016
August 2016 September 2016
October 2016
Fire Flood
$0.00 $0.00
$0.00 $0.00
$0.00 $0.00
$0.00 $0.00
$0.00 $0.00
Mortgage
$0.00
$0.00
$0.00
$0.00
$0.00
$0.00 $0.00
$0.00 $0.00
$0.00 $0.00
$0.00 $0.00
$0.00 $0.00
$0.00
$0.00
$0.00
$0.00
$0.00
Telephone
$0.00
$0.00
$0.00
$0.00
$0.00
Janitorial Service
$0.00
$0.00
$0.00
$0.00
$0.00
$0.00 $0.00 ($513.52) $0.00 $0.00 $0.00
$0.00 $0.00 ($513.52) $0.00 $0.00 $0.00
$0.00 $0.00 ($513.52) $0.00 $0.00 $0.00
$0.00 $0.00 ($513.52) $0.00 $0.00 $0.00
$0.00 $0.00 ($513.52) $0.00 $0.00 $0.00
($513.52)
($513.52)
($513.52)
($513.52)
($513.52)
Details (Continued) Insurance Expenses
Property & Liability Workmen's Comp Total Insurance Expenses Operating & Maintenance Expenses
Landscaping Pool & Spa Service Property Taxes Repairs And Maintenance Trash Miscellaneous Total Operating & Maint Expenses
Summary Gross Scheduled & Additional Income
$0.00
$0.00
$0.00
$0.00
$0.00
Vacancy & Leasing Commissions Gross Operating Income Operating Expenses
$0.00 $0.00 ($513.52)
$0.00 $0.00 ($513.52)
$0.00 $0.00 ($513.52)
$0.00 $0.00 ($513.52)
$0.00 $0.00 ($513.52)
Net Operating Income Capitalization Rate Of Return Annual Principal Payments
($513.52) -.125% ($336.07)
($513.52) -.125% ($338.03)
($513.52) -.125% ($340.01)
($513.52) -.125% ($341.99)
($513.52) -.125% ($343.98)
Annual Interest Payments Initial Capital Improvements Down Payment(s)
($2,391.67) ($100,000.00) $0.00
($2,389.71) ---
($2,387.73) ---
($2,385.75) ---
($2,383.76) ---
Closing Costs & Additional Expenses Cash Flow Before Taxes Cash Flow Before Taxes (Cumulative)
($6,242.00) ($103,241.26) ($103,241.26)
-($3,241.26) ($106,482.53)
-($3,241.26) ($109,723.79)
-($3,241.26) ($112,965.05)
-($3,241.26) ($116,206.32)
-97.176% ($303.03) ($3,208.22)
-100.226% ($303.03) ($3,206.26)
-103.277% ($303.03) ($3,204.29)
-106.328% ($303.03) ($3,202.30)
-109.379% ($303.03) ($3,200.31)
$0.00 ($103,241.26) ($103,241.26)
$0.00 ($3,241.26) ($106,482.53)
$0.00 ($3,241.26) ($109,723.79)
$0.00 ($3,241.26) ($112,965.05)
$0.00 ($3,241.26) ($116,206.32)
Cash On Cash Return (Pre-Tax) Depreciation (Property & Improvements) Taxable Income/Loss Total Tax Cost/Credit Cash Flow After Taxes Cash Flow After Taxes (Cumulative)
Cash Flow For Property Located At
1 Year Analysis Beginning 05/22/16
7711 CARROLL AVE TAKOMA PARK, MD 20912
Purchase Price: Down Payment: Closing Costs: Additional Up-Front Expenses: Initial Capital Improvements:
$410,000.00 $0.00 Rental Increase: $6,242.00 Inflation: $0.00 State Tax: $100,000.00 Federal Tax:
0.00% 0.00% 0.00% 0.00%
6th Month
7th Month
8th Month
9th Month
10th Month
November 2016
December 2016
January 2017
February 2017
March 2017
Rental Income
$0.00
$0.00
$0.00
$0.00
$0.00
Section 8
$0.00 $0.00
$0.00 $0.00
$0.00 $0.00
$0.00 $0.00
$0.00 $0.00
$0.00
$0.00
$0.00
$0.00
$0.00
$0.00
$0.00
$0.00
$0.00
$0.00
$0.00
$0.00
$0.00
$0.00
$0.00
Income From Interest
$0.00 $0.00
$0.00 $0.00
$0.00 $0.00
$0.00 $0.00
$0.00 $0.00
Late Charges
$0.00
$0.00
$0.00
$0.00
$0.00
Laundry Room Other Income
$0.00 $0.00 $0.00
$0.00 $0.00 $0.00
$0.00 $0.00 $0.00
$0.00 $0.00 $0.00
$0.00 $0.00 $0.00
Total Other Revenue
$0.00
$0.00
$0.00
$0.00
$0.00
$0.00 $0.00 $0.00
$0.00 $0.00 $0.00
$0.00 $0.00 $0.00
$0.00 $0.00 $0.00
$0.00 $0.00 $0.00
$0.00
$0.00
$0.00
$0.00
$0.00
Payroll
$0.00
$0.00
$0.00
$0.00
$0.00
Supplies
$0.00
$0.00
$0.00
$0.00
$0.00
$0.00
$0.00
$0.00
$0.00
$0.00
$0.00 $0.00
$0.00 $0.00
$0.00 $0.00
$0.00 $0.00
$0.00 $0.00
$0.00
$0.00
$0.00
$0.00
$0.00
$0.00 $0.00
$0.00 $0.00
$0.00 $0.00
$0.00 $0.00
$0.00 $0.00
$0.00 $0.00
$0.00 $0.00
$0.00 $0.00
$0.00 $0.00
$0.00 $0.00
$0.00
$0.00
$0.00
$0.00
$0.00
Details Rental Income
Leasing Commissions Total Rental Income Vacancy Reduction Vacancy Total Vacancy Reduction Other Revenue Deposit Forfeitures
Vending Machines
Administrative Expenses Advertising Legal Accounting Licenses
Total Administrative Expenses Management Expenses Management Fees Association Fees Total Management Expenses Utilities Expenses Electricity Gas Sewer And Water Other Utilities Total Utilities Expenses
Cash Flow For Property Located At
1 Year Analysis Beginning 05/22/16
7711 CARROLL AVE TAKOMA PARK, MD 20912 Total Utilities Expenses
Purchase Price: Down Payment: Closing Costs: Additional Up-Front Expenses: Initial Capital Improvements:
$0.00
$0.00
$0.00
6th Month
7th Month
November 2016
Fire Flood Mortgage
$410,000.00 $0.00 Rental Increase: $6,242.00 Inflation: $0.00 State Tax: $100,000.00 Federal Tax:
0.00% 0.00% 0.00% 0.00%
$0.00
$0.00
8th Month
9th Month
10th Month
December 2016
January 2017
February 2017
March 2017
$0.00 $0.00
$0.00 $0.00
$0.00 $0.00
$0.00 $0.00
$0.00 $0.00
$0.00
$0.00
$0.00
$0.00
$0.00
$0.00 $0.00
$0.00 $0.00
$0.00 $0.00
$0.00 $0.00
$0.00 $0.00
$0.00
$0.00
$0.00
$0.00
$0.00
Telephone
$0.00
$0.00
$0.00
$0.00
$0.00
Janitorial Service
$0.00
$0.00
$0.00
$0.00
$0.00
$0.00 $0.00 ($513.52) $0.00 $0.00 $0.00
$0.00 $0.00 ($513.52) $0.00 $0.00 $0.00
$0.00 $0.00 ($513.52) $0.00 $0.00 $0.00
$0.00 $0.00 ($513.52) $0.00 $0.00 $0.00
$0.00 $0.00 ($513.52) $0.00 $0.00 $0.00
($513.52)
($513.52)
($513.52)
($513.52)
($513.52)
Details (Continued) Insurance Expenses
Property & Liability Workmen's Comp Total Insurance Expenses Operating & Maintenance Expenses
Landscaping Pool & Spa Service Property Taxes Repairs And Maintenance Trash Miscellaneous Total Operating & Maint Expenses
Summary Gross Scheduled & Additional Income
$0.00
$0.00
$0.00
$0.00
$0.00
Vacancy & Leasing Commissions Gross Operating Income Operating Expenses
$0.00 $0.00 ($513.52)
$0.00 $0.00 ($513.52)
$0.00 $0.00 ($513.52)
$0.00 $0.00 ($513.52)
$0.00 $0.00 ($513.52)
Net Operating Income Capitalization Rate Of Return Annual Principal Payments
($513.52) -.125% ($345.99)
($513.52) -.125% ($348.01)
($513.52) -.125% ($350.04)
($513.52) -.125% ($352.08)
($513.52) -.125% ($354.13)
($2,381.75) ---
($2,379.73) ---
($2,377.70) ---
($2,375.66) ---
($2,373.61) ---
-($3,241.26) ($119,447.58)
-($3,241.26) ($122,688.84)
-($3,241.26) ($125,930.11)
-($3,241.26) ($129,171.37)
-($3,241.26) ($132,412.63)
-112.43% ($303.03) ($3,198.30)
-115.481% ($303.03) ($3,196.28)
-118.531% ($303.03) ($3,194.25)
-121.582% ($303.03) ($3,192.21)
-124.633% ($303.03) ($3,190.16)
$0.00 ($3,241.26) ($119,447.58)
$0.00 ($3,241.26) ($122,688.84)
$0.00 ($3,241.26) ($125,930.11)
$0.00 ($3,241.26) ($129,171.37)
$0.00 ($3,241.26) ($132,412.63)
Annual Interest Payments Initial Capital Improvements Down Payment(s) Closing Costs & Additional Expenses Cash Flow Before Taxes Cash Flow Before Taxes (Cumulative) Cash On Cash Return (Pre-Tax) Depreciation (Property & Improvements) Taxable Income/Loss Total Tax Cost/Credit Cash Flow After Taxes Cash Flow After Taxes (Cumulative)
Cash Flow For Property Located At
1 Year Analysis Beginning 05/22/16
7711 CARROLL AVE TAKOMA PARK, MD 20912
Purchase Price: Down Payment: Closing Costs: Additional Up-Front Expenses: Initial Capital Improvements:
11th Month
12th Month
April 2017
May 2017
Rental Income
$0.00
$0.00
Section 8
$0.00 $0.00
$0.00 $0.00
$0.00
$0.00
$0.00
$0.00
$0.00
$0.00
Income From Interest
$0.00 $0.00
$0.00 $0.00
Late Charges
$0.00
$0.00
Laundry Room Other Income
$0.00 $0.00 $0.00
$0.00 $0.00 $0.00
Total Other Revenue
$0.00
$0.00
$0.00 $0.00 $0.00
$0.00 $0.00 $0.00
$0.00
$0.00
Payroll
$0.00
$0.00
Supplies
$0.00
$0.00
$0.00
$0.00
$0.00 $0.00
$0.00 $0.00
$0.00
$0.00
$0.00 $0.00
$0.00 $0.00
$0.00 $0.00
$0.00 $0.00
$0.00
$0.00
Details Rental Income
Leasing Commissions Total Rental Income Vacancy Reduction Vacancy Total Vacancy Reduction Other Revenue Deposit Forfeitures
Vending Machines
Administrative Expenses Advertising Legal Accounting Licenses
Total Administrative Expenses Management Expenses Management Fees Association Fees Total Management Expenses Utilities Expenses Electricity Gas Sewer And Water Other Utilities Total Utilities Expenses
$410,000.00 $0.00 Rental Increase: $6,242.00 Inflation: $0.00 State Tax: $100,000.00 Federal Tax:
0.00% 0.00% 0.00% 0.00%
Cash Flow For Property Located At
1 Year Analysis Beginning 05/22/16
7711 CARROLL AVE TAKOMA PARK, MD 20912 Total Utilities Expenses
Purchase Price: Down Payment: Closing Costs: Additional Up-Front Expenses: Initial Capital Improvements:
$0.00
$0.00
11th Month
12th Month
April 2017
May 2017
Fire Flood
$0.00 $0.00
$0.00 $0.00
Mortgage
$0.00
$0.00
$0.00 $0.00
$0.00 $0.00
$0.00
$0.00
Telephone
$0.00
$0.00
Janitorial Service
$0.00
$0.00
$0.00 $0.00 ($513.52) $0.00 $0.00 $0.00
$0.00 $0.00 ($513.52) $0.00 $0.00 $0.00
($513.52)
($513.52)
Details (Continued) Insurance Expenses
Property & Liability Workmen's Comp Total Insurance Expenses Operating & Maintenance Expenses
Landscaping Pool & Spa Service Property Taxes Repairs And Maintenance Trash Miscellaneous Total Operating & Maint Expenses
Summary Gross Scheduled & Additional Income
$0.00
$0.00
Vacancy & Leasing Commissions Gross Operating Income Operating Expenses
$0.00 $0.00 ($513.52)
$0.00 $0.00 ($513.52)
Net Operating Income Capitalization Rate Of Return Annual Principal Payments
($513.52) -.125% ($356.20)
($513.52) -.125% ($358.28)
($2,371.54) ---
($2,369.46) ---
-($3,241.26) ($135,653.90)
-($3,241.26) ($138,895.16)
-127.684% ($303.03) ($3,188.09)
-130.735% ($303.03) ($3,186.02)
$0.00 ($3,241.26) ($135,653.90)
$0.00 ($3,241.26) ($138,895.16)
Annual Interest Payments Initial Capital Improvements Down Payment(s) Closing Costs & Additional Expenses Cash Flow Before Taxes Cash Flow Before Taxes (Cumulative) Cash On Cash Return (Pre-Tax) Depreciation (Property & Improvements) Taxable Income/Loss Total Tax Cost/Credit Cash Flow After Taxes Cash Flow After Taxes (Cumulative)
$410,000.00 $0.00 Rental Increase: $6,242.00 Inflation: $0.00 State Tax: $100,000.00 Federal Tax:
0.00% 0.00% 0.00% 0.00%
Taxes And Deductions For Property Located At
1 Year Analysis Beginning 05/22/16
7711 CARROLL AVE TAKOMA PARK, MD 20912
1st Year May 2017
Tax Details Gross Operating Income
$0.00
Operating Expenses Monthly Operating Expenses Total Operating Expense Deductions
($6,162.28)
Net Operating Income
($6,162.28)
($6,162.28)
Depreciation Building Structure Capital Improvements Total Depreciation Deductions
$0.00 ($3,636.36) ($3,636.36)
Mortgages First Mortgage Interest Second Mortgage Interest Total Mortgage Deductions Taxable Income/Loss
($28,568.06) -($28,568.06) ($38,366.71)
Taxes State Tax Federal Tax Total Tax
$0.00 $0.00 $0.00
Tax Summary Net Operating Income Total Deductions Taxable Income Loss Total Tax Cost/Savings Cash Before Taxes Net Income
($6,162.28) ($32,204.43) ($38,366.71) $0.00 ($138,895.16) ($138,895.16)
State Tax Rate: Federal Tax Rate: Operating Expenses Increase: Initial Capital Improvements: Property Depreciable Amount: Depreciable Years: Depreciation Method:
0.00% 0.00% 0.00% $100,000.00 $0.00 27.5 Straightline
Property Sale For Property Located At
1 Year Analysis Beginning 05/22/16
7711 CARROLL AVE TAKOMA PARK, MD 20912
1st Year May 2017
Sale Details Tax Basis Purchase Price Capital Improvements Depreciation Adjusted Tax Basis
$410,000.00 $100,000.00 ($3,636.36) $506,363.64
Expenses Up-Front Cash Closing Costs/Additional Expenses Capital Improvements Down Payments First Mortgage Balance Second Mortgage Balance Property Sale Cost Total Expenses Total Exchange Expenses
$0.00 ($6,242.00) ($100,000.00) $0.00 ($405,835.18) -$0.00 ($512,077.18) ($6,242.00)
Taxes Taxable Gain Depreciation Recovery Tax Capital Gains Tax Total Tax Liability
$286,394.36 $0.00 $0.00 $0.00
Monthly Income And Expenses Principal Payments Interest Payments Operating Expenses Gross Operating Income Income Tax Net Income Profit/Loss
($4,164.82) ($28,568.06) ($6,162.28) $0.00 $0.00 ($38,895.16)
Summary Sale Price Adjusted Tax Basis Taxable Gain Total Tax Liability Total Expenses Net Sale Profit/Loss Net Income Profit/Loss Net Profit/Loss
$799,000.00 $506,363.64 $286,394.36 $0.00 ($512,077.18) $286,922.82 ($38,895.16) $248,027.66
Purchase Price: Initial Capital Improvements: Total Closing Costs: Capital Gains Rate: Property Depreciable Amount: Depreciable Years: Depreciation Method:
$410,000.00 $100,000.00 $6,242.00 0.00% $0.00 27.5 Straightline
7711 CARROLL AVE TAKOMA PARK, MD 20912
Mortgage Analysis Report For Property Located At
7711 CARROLL AVE TAKOMA PARK, MD 20912 Purchase Value Purchase Price:
Closing Costs $410,000.00
Assessed Value: Last Sale Price:
Mortgages First Mortgage Mortgage Type: Amount: Down Payment: Interest Only Term: Interest Only APR: Fixed Interest Term: Fixed Interest APR: Extra Payment Frequency: Extra Payment Amount: Bi-Weekly Payments: Effective Term: Monthly I.O. Payment Monthly Fixed APR Pmt: Total Interest: Total Paid:
Fixed Interest $410,000.00 $0.00
30 Years 7.00%
360 Months $2,727.74 $571,986.68 $981,986.68
Additional Expenses Amount Of Default: Accrued Interest: Other Fees:
$0.00 $0.00 $0.00
$403,000.00 $73,000.00
Seller Pays Closing Costs: No Points: 0.00% Administration Fee: Application Fee: Commitment Fee: Document Preparation: Funding Fee: Mortgage Broker Fee: Processing: Tax Service: Underwriting: Appraisal: Attorney or Settlement: Credit Report: Flood Certification: Pest & Other: Survey: Title Insurance: Title Search: Recording Fee: Taxes: Other Fees or Costs: Total:
$0.00 $336.00 $205.00 $498.00 $194.00 $228.00 $839.00 $320.00 $73.00 $269.00 $327.00 $445.00 $29.00 $17.00 $68.00 $174.00 $605.00 $200.00 $76.00 $1,339.00 $0.00 $6,242.00
Rehab/Improvements Analysis Report For Property Located At
7711 CARROLL AVE TAKOMA PARK, MD 20912
Improvements Kitchen:
$8,000.00
Roof:
$4,000.00
Electrical:
$7,500.00
Driveway:
$6,000.00
Exterior:
$2,000.00
Chimney:
$0.00
Wall:
$2,000.00
Garage:
$0.00
Bathroom(s):
$10,000.00
Gutter:
$200.00
Ceiling:
$1,500.00
Irrigation/Sprinklers:
$0.00
Window(s):
$5,000.00
Cladding:
$0.00
Fireplace:
$0.00
Landscaping:
$4,000.00
Door(s):
$0.00
Deck:
$0.00
Skylight:
$0.00
Equipment:
$0.00
Carpet:
$0.00
Porch:
$500.00
Foundation:
$0.00
Pool/Spa Repair:
$0.00
Interior Paint:
$2,000.00
Heating:
$2,500.00
Basement:
$20,000.00
Other:
$5,300.00
Exterior Paint:
$2,000.00
AC/Heat Pump:
$2,500.00
Attic:
$4,000.00
Flooring:
$6,000.00
Plumbing:
$5,000.00
Alarm:
$0.00
Total Improvements Expenses:
$100,000.00
Rental Analysis Report For Property Located At
7711 CARROLL AVE TAKOMA PARK, MD 20912
Unit Type
Qty
Rent/Mo
SqFt
$/SqFt
Miscellaneous Income
Occupancy %
Annual % Increase
Annual Income Increase Monthly
/
Annually
Type:
Laundry Room:
Amount:
Vending Machines: Late Charges: Deposit Forfeitures: Section 8 Income: Income From Interest: Other Income:
Summary Total Gross Monthly Income: Property Management Fee: Leasing Commissions: Leasing Commissions (First Year): Total Net Monthly Income:
Average Monthly Rent
Expenses Analysis Report For Property Located At
7711 CARROLL AVE TAKOMA PARK, MD 20912
Operating Expenses Monthly
/
Monthly
Annually
/
Annually
Property Taxes:
$513.52
$6,162.28
Trash:
$0.00
$0.00
Advertising:
$0.00
$0.00
Accounting:
$0.00
$0.00
Janitorial Service:
$0.00
$0.00
Association Fees:
$0.00
$0.00
Legal:
$0.00
$0.00
Landscaping:
$0.00
$0.00
Licenses:
$0.00
$0.00
Fire Insurance:
$0.00
$0.00
Repairs And Maintenance:
$0.00
$0.00
Flood Insurance:
$0.00
$0.00
Supplies:
$0.00
$0.00
Mortgage Insurance:
$0.00
$0.00
Electricity:
$0.00
$0.00
Liability Insurance:
$0.00
$0.00
Gas:
$0.00
$0.00
Workmen's Comp Insurance:
$0.00
$0.00
Sewer And Water:
$0.00
$0.00
Payroll:
$0.00
$0.00
Telephone:
$0.00
$0.00
Pool/Spa Service:
$0.00
$0.00
Other Utilities:
$0.00
$0.00
Miscellaneous/Reserves:
$0.00
$0.00
Apply Operating Expenses Per Unit: No
Yearly Expenses Increase
Summary
Type:
Percentage
Amount:
0.00%
Total Monthly Operating Expenses:
$513.52
Rehab/Improvements Analysis Report For Property Located At
7711 CARROLL AVE TAKOMA PARK, MD 20912
Tax Rates Capital Gains Tax Rate:
0.00%
State Income Tax Rate:
0.00%
Federal Income Tax Rate:
0.00%
Depreciation Type: Fixed Dollar Amount: $0.00, Depreciable Years: 27.5 Method: Straightline
Analysis First Payment Date
05/22/2016
Length
1 Year
Annual Market Value Increase Rate:
0.00%
Property Value Increase
Sales Cost Rate Sales Cost Rate:
0.00%
Type:
Percentage
Market Value:
$799,000.00
Property Value Basis
Cash Flow For Property Located At
1 Year Analysis Beginning 05/22/16
7711 CARROLL AVE TAKOMA PARK, MD 20912
Purchase Price: Down Payment: Closing Costs: Additional Up-Front Expenses: Initial Capital Improvements:
$410,000.00 $0.00 Rental Increase: $6,242.00 Inflation: $0.00 State Tax: $100,000.00 Federal Tax:
3rd Month
0.00% 0.00% 0.00% 0.00%
1st Month
2nd Month
4th Month
5th Month
June 2016
July 2016
August 2016 September 2016
October 2016
Rental Income
$0.00
$0.00
$0.00
$0.00
$0.00
Section 8
$0.00 $0.00
$0.00 $0.00
$0.00 $0.00
$0.00 $0.00
$0.00 $0.00
$0.00
$0.00
$0.00
$0.00
$0.00
$0.00
$0.00
$0.00
$0.00
$0.00
$0.00
$0.00
$0.00
$0.00
$0.00
Income From Interest
$0.00 $0.00
$0.00 $0.00
$0.00 $0.00
$0.00 $0.00
$0.00 $0.00
Late Charges
$0.00
$0.00
$0.00
$0.00
$0.00
Laundry Room Other Income
$0.00 $0.00 $0.00
$0.00 $0.00 $0.00
$0.00 $0.00 $0.00
$0.00 $0.00 $0.00
$0.00 $0.00 $0.00
Total Other Revenue
$0.00
$0.00
$0.00
$0.00
$0.00
$0.00 $0.00 $0.00
$0.00 $0.00 $0.00
$0.00 $0.00 $0.00
$0.00 $0.00 $0.00
$0.00 $0.00 $0.00
$0.00
$0.00
$0.00
$0.00
$0.00
Payroll
$0.00
$0.00
$0.00
$0.00
$0.00
Supplies
$0.00
$0.00
$0.00
$0.00
$0.00
$0.00
$0.00
$0.00
$0.00
$0.00
$0.00 $0.00
$0.00 $0.00
$0.00 $0.00
$0.00 $0.00
$0.00 $0.00
$0.00
$0.00
$0.00
$0.00
$0.00
$0.00 $0.00
$0.00 $0.00
$0.00 $0.00
$0.00 $0.00
$0.00 $0.00
$0.00 $0.00
$0.00 $0.00
$0.00 $0.00
$0.00 $0.00
$0.00 $0.00
$0.00
$0.00
$0.00
$0.00
$0.00
Details Rental Income
Leasing Commissions Total Rental Income Vacancy Reduction Vacancy Total Vacancy Reduction Other Revenue Deposit Forfeitures
Vending Machines
Administrative Expenses Advertising Legal Accounting Licenses
Total Administrative Expenses Management Expenses Management Fees Association Fees Total Management Expenses Utilities Expenses Electricity Gas Sewer And Water Other Utilities Total Utilities Expenses
Cash Flow For Property Located At
1 Year Analysis Beginning 05/22/16
7711 CARROLL AVE TAKOMA PARK, MD 20912 Total Utilities Expenses
Purchase Price: Down Payment: Closing Costs: Additional Up-Front Expenses: Initial Capital Improvements:
$410,000.00 $0.00 Rental Increase: $6,242.00 Inflation: $0.00 State Tax: $100,000.00 Federal Tax:
0.00% 0.00% 0.00% 0.00%
$0.00
$0.00
$0.00
$0.00
$0.00
1st Month
2nd Month
3rd Month
4th Month
5th Month
June 2016
July 2016
August 2016 September 2016
October 2016
Fire Flood
$0.00 $0.00
$0.00 $0.00
$0.00 $0.00
$0.00 $0.00
$0.00 $0.00
Mortgage
$0.00
$0.00
$0.00
$0.00
$0.00
$0.00 $0.00
$0.00 $0.00
$0.00 $0.00
$0.00 $0.00
$0.00 $0.00
$0.00
$0.00
$0.00
$0.00
$0.00
Telephone
$0.00
$0.00
$0.00
$0.00
$0.00
Janitorial Service
$0.00
$0.00
$0.00
$0.00
$0.00
$0.00 $0.00 ($513.52) $0.00 $0.00 $0.00
$0.00 $0.00 ($513.52) $0.00 $0.00 $0.00
$0.00 $0.00 ($513.52) $0.00 $0.00 $0.00
$0.00 $0.00 ($513.52) $0.00 $0.00 $0.00
$0.00 $0.00 ($513.52) $0.00 $0.00 $0.00
($513.52)
($513.52)
($513.52)
($513.52)
($513.52)
Details (Continued) Insurance Expenses
Property & Liability Workmen's Comp Total Insurance Expenses Operating & Maintenance Expenses
Landscaping Pool & Spa Service Property Taxes Repairs And Maintenance Trash Miscellaneous Total Operating & Maint Expenses
Summary Gross Scheduled & Additional Income
$0.00
$0.00
$0.00
$0.00
$0.00
Vacancy & Leasing Commissions Gross Operating Income Operating Expenses
$0.00 $0.00 ($513.52)
$0.00 $0.00 ($513.52)
$0.00 $0.00 ($513.52)
$0.00 $0.00 ($513.52)
$0.00 $0.00 ($513.52)
Net Operating Income Capitalization Rate Of Return Annual Principal Payments
($513.52) -.125% ($336.07)
($513.52) -.125% ($338.03)
($513.52) -.125% ($340.01)
($513.52) -.125% ($341.99)
($513.52) -.125% ($343.98)
Annual Interest Payments Initial Capital Improvements Down Payment(s)
($2,391.67) ($100,000.00) $0.00
($2,389.71) ---
($2,387.73) ---
($2,385.75) ---
($2,383.76) ---
Closing Costs & Additional Expenses Cash Flow Before Taxes Cash Flow Before Taxes (Cumulative)
($6,242.00) ($103,241.26) ($103,241.26)
-($3,241.26) ($106,482.53)
-($3,241.26) ($109,723.79)
-($3,241.26) ($112,965.05)
-($3,241.26) ($116,206.32)
-97.176% ($303.03) ($3,208.22)
-100.226% ($303.03) ($3,206.26)
-103.277% ($303.03) ($3,204.29)
-106.328% ($303.03) ($3,202.30)
-109.379% ($303.03) ($3,200.31)
$0.00 ($103,241.26) ($103,241.26)
$0.00 ($3,241.26) ($106,482.53)
$0.00 ($3,241.26) ($109,723.79)
$0.00 ($3,241.26) ($112,965.05)
$0.00 ($3,241.26) ($116,206.32)
Cash On Cash Return (Pre-Tax) Depreciation (Property & Improvements) Taxable Income/Loss Total Tax Cost/Credit Cash Flow After Taxes Cash Flow After Taxes (Cumulative)
Cash Flow For Property Located At
1 Year Analysis Beginning 05/22/16
7711 CARROLL AVE TAKOMA PARK, MD 20912
Purchase Price: Down Payment: Closing Costs: Additional Up-Front Expenses: Initial Capital Improvements:
$410,000.00 $0.00 Rental Increase: $6,242.00 Inflation: $0.00 State Tax: $100,000.00 Federal Tax:
0.00% 0.00% 0.00% 0.00%
6th Month
7th Month
8th Month
9th Month
10th Month
November 2016
December 2016
January 2017
February 2017
March 2017
Rental Income
$0.00
$0.00
$0.00
$0.00
$0.00
Section 8
$0.00 $0.00
$0.00 $0.00
$0.00 $0.00
$0.00 $0.00
$0.00 $0.00
$0.00
$0.00
$0.00
$0.00
$0.00
$0.00
$0.00
$0.00
$0.00
$0.00
$0.00
$0.00
$0.00
$0.00
$0.00
Income From Interest
$0.00 $0.00
$0.00 $0.00
$0.00 $0.00
$0.00 $0.00
$0.00 $0.00
Late Charges
$0.00
$0.00
$0.00
$0.00
$0.00
Laundry Room Other Income
$0.00 $0.00 $0.00
$0.00 $0.00 $0.00
$0.00 $0.00 $0.00
$0.00 $0.00 $0.00
$0.00 $0.00 $0.00
Total Other Revenue
$0.00
$0.00
$0.00
$0.00
$0.00
$0.00 $0.00 $0.00
$0.00 $0.00 $0.00
$0.00 $0.00 $0.00
$0.00 $0.00 $0.00
$0.00 $0.00 $0.00
$0.00
$0.00
$0.00
$0.00
$0.00
Payroll
$0.00
$0.00
$0.00
$0.00
$0.00
Supplies
$0.00
$0.00
$0.00
$0.00
$0.00
$0.00
$0.00
$0.00
$0.00
$0.00
$0.00 $0.00
$0.00 $0.00
$0.00 $0.00
$0.00 $0.00
$0.00 $0.00
$0.00
$0.00
$0.00
$0.00
$0.00
$0.00 $0.00
$0.00 $0.00
$0.00 $0.00
$0.00 $0.00
$0.00 $0.00
$0.00 $0.00
$0.00 $0.00
$0.00 $0.00
$0.00 $0.00
$0.00 $0.00
$0.00
$0.00
$0.00
$0.00
$0.00
Details Rental Income
Leasing Commissions Total Rental Income Vacancy Reduction Vacancy Total Vacancy Reduction Other Revenue Deposit Forfeitures
Vending Machines
Administrative Expenses Advertising Legal Accounting Licenses
Total Administrative Expenses Management Expenses Management Fees Association Fees Total Management Expenses Utilities Expenses Electricity Gas Sewer And Water Other Utilities Total Utilities Expenses
Cash Flow For Property Located At
1 Year Analysis Beginning 05/22/16
7711 CARROLL AVE TAKOMA PARK, MD 20912 Total Utilities Expenses
Purchase Price: Down Payment: Closing Costs: Additional Up-Front Expenses: Initial Capital Improvements:
$0.00
$0.00
$0.00
6th Month
7th Month
November 2016
Fire Flood Mortgage
$410,000.00 $0.00 Rental Increase: $6,242.00 Inflation: $0.00 State Tax: $100,000.00 Federal Tax:
0.00% 0.00% 0.00% 0.00%
$0.00
$0.00
8th Month
9th Month
10th Month
December 2016
January 2017
February 2017
March 2017
$0.00 $0.00
$0.00 $0.00
$0.00 $0.00
$0.00 $0.00
$0.00 $0.00
$0.00
$0.00
$0.00
$0.00
$0.00
$0.00 $0.00
$0.00 $0.00
$0.00 $0.00
$0.00 $0.00
$0.00 $0.00
$0.00
$0.00
$0.00
$0.00
$0.00
Telephone
$0.00
$0.00
$0.00
$0.00
$0.00
Janitorial Service
$0.00
$0.00
$0.00
$0.00
$0.00
$0.00 $0.00 ($513.52) $0.00 $0.00 $0.00
$0.00 $0.00 ($513.52) $0.00 $0.00 $0.00
$0.00 $0.00 ($513.52) $0.00 $0.00 $0.00
$0.00 $0.00 ($513.52) $0.00 $0.00 $0.00
$0.00 $0.00 ($513.52) $0.00 $0.00 $0.00
($513.52)
($513.52)
($513.52)
($513.52)
($513.52)
Details (Continued) Insurance Expenses
Property & Liability Workmen's Comp Total Insurance Expenses Operating & Maintenance Expenses
Landscaping Pool & Spa Service Property Taxes Repairs And Maintenance Trash Miscellaneous Total Operating & Maint Expenses
Summary Gross Scheduled & Additional Income
$0.00
$0.00
$0.00
$0.00
$0.00
Vacancy & Leasing Commissions Gross Operating Income Operating Expenses
$0.00 $0.00 ($513.52)
$0.00 $0.00 ($513.52)
$0.00 $0.00 ($513.52)
$0.00 $0.00 ($513.52)
$0.00 $0.00 ($513.52)
Net Operating Income Capitalization Rate Of Return Annual Principal Payments
($513.52) -.125% ($345.99)
($513.52) -.125% ($348.01)
($513.52) -.125% ($350.04)
($513.52) -.125% ($352.08)
($513.52) -.125% ($354.13)
($2,381.75) ---
($2,379.73) ---
($2,377.70) ---
($2,375.66) ---
($2,373.61) ---
-($3,241.26) ($119,447.58)
-($3,241.26) ($122,688.84)
-($3,241.26) ($125,930.11)
-($3,241.26) ($129,171.37)
-($3,241.26) ($132,412.63)
-112.43% ($303.03) ($3,198.30)
-115.481% ($303.03) ($3,196.28)
-118.531% ($303.03) ($3,194.25)
-121.582% ($303.03) ($3,192.21)
-124.633% ($303.03) ($3,190.16)
$0.00 ($3,241.26) ($119,447.58)
$0.00 ($3,241.26) ($122,688.84)
$0.00 ($3,241.26) ($125,930.11)
$0.00 ($3,241.26) ($129,171.37)
$0.00 ($3,241.26) ($132,412.63)
Annual Interest Payments Initial Capital Improvements Down Payment(s) Closing Costs & Additional Expenses Cash Flow Before Taxes Cash Flow Before Taxes (Cumulative) Cash On Cash Return (Pre-Tax) Depreciation (Property & Improvements) Taxable Income/Loss Total Tax Cost/Credit Cash Flow After Taxes Cash Flow After Taxes (Cumulative)
Cash Flow For Property Located At
1 Year Analysis Beginning 05/22/16
7711 CARROLL AVE TAKOMA PARK, MD 20912
Purchase Price: Down Payment: Closing Costs: Additional Up-Front Expenses: Initial Capital Improvements:
11th Month
12th Month
April 2017
May 2017
Rental Income
$0.00
$0.00
Section 8
$0.00 $0.00
$0.00 $0.00
$0.00
$0.00
$0.00
$0.00
$0.00
$0.00
Income From Interest
$0.00 $0.00
$0.00 $0.00
Late Charges
$0.00
$0.00
Laundry Room Other Income
$0.00 $0.00 $0.00
$0.00 $0.00 $0.00
Total Other Revenue
$0.00
$0.00
$0.00 $0.00 $0.00
$0.00 $0.00 $0.00
$0.00
$0.00
Payroll
$0.00
$0.00
Supplies
$0.00
$0.00
$0.00
$0.00
$0.00 $0.00
$0.00 $0.00
$0.00
$0.00
$0.00 $0.00
$0.00 $0.00
$0.00 $0.00
$0.00 $0.00
$0.00
$0.00
Details Rental Income
Leasing Commissions Total Rental Income Vacancy Reduction Vacancy Total Vacancy Reduction Other Revenue Deposit Forfeitures
Vending Machines
Administrative Expenses Advertising Legal Accounting Licenses
Total Administrative Expenses Management Expenses Management Fees Association Fees Total Management Expenses Utilities Expenses Electricity Gas Sewer And Water Other Utilities Total Utilities Expenses
$410,000.00 $0.00 Rental Increase: $6,242.00 Inflation: $0.00 State Tax: $100,000.00 Federal Tax:
0.00% 0.00% 0.00% 0.00%
Cash Flow For Property Located At
1 Year Analysis Beginning 05/22/16
7711 CARROLL AVE TAKOMA PARK, MD 20912 Total Utilities Expenses
Purchase Price: Down Payment: Closing Costs: Additional Up-Front Expenses: Initial Capital Improvements:
$0.00
$0.00
11th Month
12th Month
April 2017
May 2017
Fire Flood
$0.00 $0.00
$0.00 $0.00
Mortgage
$0.00
$0.00
$0.00 $0.00
$0.00 $0.00
$0.00
$0.00
Telephone
$0.00
$0.00
Janitorial Service
$0.00
$0.00
$0.00 $0.00 ($513.52) $0.00 $0.00 $0.00
$0.00 $0.00 ($513.52) $0.00 $0.00 $0.00
($513.52)
($513.52)
Details (Continued) Insurance Expenses
Property & Liability Workmen's Comp Total Insurance Expenses Operating & Maintenance Expenses
Landscaping Pool & Spa Service Property Taxes Repairs And Maintenance Trash Miscellaneous Total Operating & Maint Expenses
Summary Gross Scheduled & Additional Income
$0.00
$0.00
Vacancy & Leasing Commissions Gross Operating Income Operating Expenses
$0.00 $0.00 ($513.52)
$0.00 $0.00 ($513.52)
Net Operating Income Capitalization Rate Of Return Annual Principal Payments
($513.52) -.125% ($356.20)
($513.52) -.125% ($358.28)
($2,371.54) ---
($2,369.46) ---
-($3,241.26) ($135,653.90)
-($3,241.26) ($138,895.16)
-127.684% ($303.03) ($3,188.09)
-130.735% ($303.03) ($3,186.02)
$0.00 ($3,241.26) ($135,653.90)
$0.00 ($3,241.26) ($138,895.16)
Annual Interest Payments Initial Capital Improvements Down Payment(s) Closing Costs & Additional Expenses Cash Flow Before Taxes Cash Flow Before Taxes (Cumulative) Cash On Cash Return (Pre-Tax) Depreciation (Property & Improvements) Taxable Income/Loss Total Tax Cost/Credit Cash Flow After Taxes Cash Flow After Taxes (Cumulative)
$410,000.00 $0.00 Rental Increase: $6,242.00 Inflation: $0.00 State Tax: $100,000.00 Federal Tax:
0.00% 0.00% 0.00% 0.00%
Taxes And Deductions For Property Located At
1 Year Analysis Beginning 05/22/16
7711 CARROLL AVE TAKOMA PARK, MD 20912
1st Year May 2017
Tax Details Gross Operating Income
$0.00
Operating Expenses Monthly Operating Expenses Total Operating Expense Deductions
($6,162.28)
Net Operating Income
($6,162.28)
($6,162.28)
Depreciation Building Structure Capital Improvements Total Depreciation Deductions
$0.00 ($3,636.36) ($3,636.36)
Mortgages First Mortgage Interest Second Mortgage Interest Total Mortgage Deductions Taxable Income/Loss
($28,568.06) -($28,568.06) ($38,366.71)
Taxes State Tax Federal Tax Total Tax
$0.00 $0.00 $0.00
Tax Summary Net Operating Income Total Deductions Taxable Income Loss Total Tax Cost/Savings Cash Before Taxes Net Income
($6,162.28) ($32,204.43) ($38,366.71) $0.00 ($138,895.16) ($138,895.16)
State Tax Rate: Federal Tax Rate: Operating Expenses Increase: Initial Capital Improvements: Property Depreciable Amount: Depreciable Years: Depreciation Method:
0.00% 0.00% 0.00% $100,000.00 $0.00 27.5 Straightline
Property Sale For Property Located At
1 Year Analysis Beginning 05/22/16
7711 CARROLL AVE TAKOMA PARK, MD 20912
1st Year May 2017
Sale Details Tax Basis Purchase Price Capital Improvements Depreciation Adjusted Tax Basis
$410,000.00 $100,000.00 ($3,636.36) $506,363.64
Expenses Up-Front Cash Closing Costs/Additional Expenses Capital Improvements Down Payments First Mortgage Balance Second Mortgage Balance Property Sale Cost Total Expenses Total Exchange Expenses
$0.00 ($6,242.00) ($100,000.00) $0.00 ($405,835.18) -$0.00 ($512,077.18) ($6,242.00)
Taxes Taxable Gain Depreciation Recovery Tax Capital Gains Tax Total Tax Liability
$286,394.36 $0.00 $0.00 $0.00
Monthly Income And Expenses Principal Payments Interest Payments Operating Expenses Gross Operating Income Income Tax Net Income Profit/Loss
($4,164.82) ($28,568.06) ($6,162.28) $0.00 $0.00 ($38,895.16)
Summary Sale Price Adjusted Tax Basis Taxable Gain Total Tax Liability Total Expenses Net Sale Profit/Loss Net Income Profit/Loss Net Profit/Loss
$799,000.00 $506,363.64 $286,394.36 $0.00 ($512,077.18) $286,922.82 ($38,895.16) $248,027.66
Purchase Price: Initial Capital Improvements: Total Closing Costs: Capital Gains Rate: Property Depreciable Amount: Depreciable Years: Depreciation Method:
$410,000.00 $100,000.00 $6,242.00 0.00% $0.00 27.5 Straightline
