Brian McCallion
Bus:
250-979-0570
Cell:
250-215-1763
Fax:
250-448-4973
Email:
brian@
eaglerealestate
investments.com
Address:
Box 22108
Capri Post Office
Kelowna, BC
V1Y 9N9
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-Andrew Carnegie
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-Warren Buffet, Investor
Property Data: Townhouse – 3 bdr, 2 bath
Property Name: Potential Investment
Address: North East
City/Area: Edmonton
Asking Price: $209,900.00
Projected Purchase Price: $200,000.00
Current Market Value: $200,000.00
Square Feet: 1162 sq. ft.
| Rental Income | Monthly Rent | Projected Monthly | Annual Rent | Projected Annual |
| Rental Income | $1,300.00 | $1,300.00 | $15,600.00 | $15,600.00 |
| Total Rent | $1,300.00 | $1,300.00 | $15,600.00 | $15,600.00 |
| Less Vacancy Allowance of 2.00% | $26.00 | $26.00 | $312.00 | $312.00 |
| Gross Effective Income | $1,274.00 | $1,274.00 | $15,288.00 | $15,288.00 |
| Expense | Monthly Rent | Projected Monthly | Annual Rent | Projected Annual |
| Maintenance (ongoing) | $39.00 | $40.17 | $468.00 | $482.04 |
| Insurance Premium | $20.00 | $20.00 | $240.00 | $240.00 |
| Property Management Fees | $130.00 | $133.90 | $1,560.00 | $1,606.80 |
| Property Taxes | $83.33 | $83.33 | $1000.00 | $1000.00 |
| Total Operating Expenses | $272.33 | $277.40 | $3,268.00 | $3,328.84 |
| Net Operating Income | $1,001.67 | $966.60 | $12,020.00 | $11,959.16 |
| Operating Expense Ratio | 21.38% | 21.77% | 21.38% | 21.77% |
| Mortgage Description | Principal | Monthly | Annual |
| 1st. Mortgage | $140,000.00 | $816.67 | $9,800.04 |
| Total Debt Funding | $140,000.00 | $816.67 | $9,800.04 |
| Expected Morgage Payments | $816.67 | $9,800.04 | |
| Expected Cash Flow | $185.00 | $2,219.96 | |
| Cash-On-Cash Return | 3.14% | ||
| 1st. Year Paydown | $0.00 | $0.00 | |
| Cash-On-Cash "PLUS" | $185.00 | 3.14% |
| Description | Amount |
| Property Inspection-On | $500.00 |
| Legal Acquisition (including disbursements) | $1,000.00 |
| Staying Power Fund- Capitalized | $3,900.00 |
| Renovations-On Aquisition | $5,000.00 |
| Appraisal- On Aquisition | $300.00 |
| Down Payment Required | $60,000.00 |
| Deposits | $0.00 |
| Total Closing Costs | $10,700.00 |
| Expenses | $272.33 |
| One Time Expenses | $0.00 |
| Total Cash Required | $70.700.00 |
| 5 Year ROI: Fixed Appreciation | Year 1 | Year 2 | Year 3 | Year 4 | Year 5 | Total |
| Cash Flow | $2,219.96 | $2,159.12 | $2,517.89 | $2,887.43 | $3,268.06 | $13,052.46 |
| Mortgage Paydown | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 |
| Capital Appreciation @ 5.00% | $10,000.00 | $10,500.00 | $11,025.00 | $11,576.25 | $12,155.06 | $55,256.31 |
| Estimated Market Value | $210,000.00 | $220,500.00 | $231,525.00 | $243,101.25 | $12,155.06 | $255,256.31 |
| 5 Year ROI: Fixed Appreciation | Year 1 | Year 2 | Year 3 | Year 4 | Year 5 | Total |
| Total Capital Invested | $70,700.00 | $70,700.00 | $70,700.00 | $70,700.00 | $70,700.00 | $70,700.00 |
| Total Return Achieved | $12,219.96 | $12,659.12 | $13,542.89 | $14,463.68 | $15,423.12 | $68,308.78 |
| Internal Rate of Return | 17.28% | 17.91% | 19.16% | 20.46% | 21.81% | 96.62% |
| Investor: | 8.64% | 8.95% | 9.58% | 10.23% | 10.91% | 48.31% |
| Brian McCallion: | 8.64% | 8.95% | 9.58% | 10.23% | 10.91% | 48.31% |
| Initial Capitol: | $70,700.00 |
| 50% Cash Flow: | $6,526.23 |
| 50% Appreciation: | $27,628.16 |
| Total: | $104,854.38* |
* 50% of Selling Costs Not Included
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