MULTI - FAMILY STAT / PROFORMA SHEET          
Property Address: 3828 GENESSEE BILL HARGIS CRS, RECS
City: KANSAS CITY State: MO  Zip: 64111 Reece & Nichols Realtors
Date:     Listing Price: $299,900 Phone: 913-901-6352
MLS No.     Fax:                913-901-6450
Directions:   billh@reeceandnichols.com
www.kccommercial.net
Unit Description    Current Rental Data        Market Rental Data
# of Units # Bed # Bath Unit Rent Mo. Rent Yearly Rent Unit Rent Mo. Rent Yearly Rent
6 1 1 $525 $3,150 $37,800   $0 $0
0 0 0 $0 $0 $0 0 $0 $0
0 0 0 $0 $0 $0 0 $0 $0
0 0 0 $0 $0 $0 0 $0 $0
0 0 0 $0 $0 $0 0 $0 $0
0 0 0 $0 $0 $0 0 $0 $0
TOTALS $3,150 $37,800 TOTALS $0 $0
 PROFORMA ß         ß
6          GROSS SCHEDULED INCOME: $37,800   % GSI % GSI   $0
7        Less Vacancy and Credit Losses: $1,890 ¬ 5.0% 5.0% ® $0
8 Other Income $875 ¬ 2.3% #DIV/0! ® $0
9 ADJUSTED GROSS INCOME (L6-(L7+L8)): $36,785   % AGI % AGI   $0
10                  Less Accounting and Legal: $150 ¬ 0.4% #DIV/0! ®  
11                                      Less Advertising: $100 ¬ 0.3% #DIV/0! ®  
12           Less Repair and Maintenance: $2,800 ¬ 7.6% #DIV/0! ®  
13                                         Less Insurance: $1,800 ¬ 4.9% #DIV/0! ®  
14                                 Less Management: $2,514 ¬ 7.0% 8.0% ® $0
15                                                Less Taxes: $1,435 ¬ 3.9% #DIV/0! ®  
16 Trash $0 ¬ 0.0% #DIV/0! ®  
17 Utilities - Water, Electric and Gas $1,123 ¬ 3.1% #DIV/0! ®  
18     ¬ 0.0% #DIV/0! ®  
19     ¬ 0.0% #DIV/0! ®  
20 Less Other:     ¬ 0.0% #DIV/0! ® $0
21 Total Expenses(sum L10 - L20): $9,922 ¬ 27.0% #DIV/0! ® $0
22 Net Operating Income(L9 minus L21): $26,863         $0
23 Less Annual Debt Service:  $      20,626 ¬ 56.1% #DIV/0! ®  $          -  
24 Net Income (Cash Flow) L22-L23): 6,237 0
25 CAP RATE (NOI ¸ PURCHASE PRICE): 8.96% 0.00%
26 RETURN ON INVESTMENT (NI ¸ DOWN): 10.40% 0.00%
           Estimated Financing              
Purchase Price: $299,900 6.00% :Interest      
20%  Down:  $       59,980 20 :Years Amortized    
Amount Financed:  $     239,920  $       1,718.86 :P&I Monthly Payment          
Description: VERY NICE 6 UNIT, 3-STORY BRICK AND FRAME APARTMENT BUILDING IN A GREAT AREA.  THIS PROPERTY IS IN EXCELLENT CONDITION.  THE ROOF WAS REPLACED 6 YEARS AGO.  THE BUILDING HAS A SECURITY COMBO ENTRY SYSTEM, STORM WINDOWS, FORCED AIR GAS HEAT AND WINDOW AIR.  THIS IS A NON-SMOKING BUILDING AND NO DOGS ARE ALLOWED.  ONLY BLOCKS FROM THE UNIVERSITY OF KANSAS TEACHING MEDICAL CENTER. LARGE 1 BEDROOM UNITS (APPROX. 740SF) WITH HARDWOOD FLOORS AND NATURAL WOODWORK. TENANTS PAY GAS AND ELECTRIC FOR THE UNITS.
 
 
 
 
 
 
 
 
    Information deemed reliable but not guaranteed