MULTI - FAMILY STAT / PROFORMA SHEET          
Property Address: 3606 Baltimore 12 units  
City: Kansas City State: MO  Zip   BRICE BRADSHAW
Date:     Listing Price: $399,000 Phone: 913-901-6305
MLS No.    
Directions:    
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
7 1 1 $475 $3,325 $39,900 $495 $3,465 $41,580
4 1 1 $495 $1,980 $23,760 $495 $1,980 $23,760
1 1 1 $625 $625 $7,500 $625 $625 $7,500
      $0 $0 $0 $0 $0 $0
      $0 $0 $0 $0 $0 $0
      $0 $0 $0 $0 $0 $0
TOTALS $5,930 $71,160 TOTALS $6,070 $72,840
 PROFORMA        
6          GROSS SCHEDULED INCOME: $71,160   % GSI % GSI   $72,840
7        Vacancy and Credit Losses: $3,558 5.0%[1] 5.0%[2] $3,642
8 Other Income: $1,200 1.7% 1.6% $1,200
9 ADJUSTED GROSS INCOME (L6-(L7+L8)): $68,802   % AGI % AGI   $70,398
10  Accounting and Legal: $300 0.4% 0.4% $300
11                                      Advertising: $100 0.1% 0.1% $100
12           Repair and Maintenance: $8,400 12.2% 11.9% $8,400
13                                         Insurance: $2,700 3.9% 3.8% $2,700
14                                 Management: $5,408 8.0%[3] 8.0%[4] $5,536
15                                                 Taxes: $2,520 3.7% 3.6% $2,520
16 Refuse: $825 1.2% 1.2% $825
17 Utilities: $9,100 13.2% 12.9% $9,100
18 Cleaning, Lawn Care and Snow Removal: $4,200 6.1% 6.0% $4,200
19 Replacement Reserves: $3,000 4.4% 4.3% $3,000
20  Other:     0.0% 0.0%  
21 Total Expenses(sum L10 - L20): $36,553 53.1% 52.1% $36,681
22 Net Operating Income(L9 minus L21): $32,249         $33,717
23 Less Annual Debt Service: 19,960 29.0% 28.4% 19,960
24 Net Income (Cash Flow) L22-L23): 12,289 13,757
25 CAP RATE (NOI  PURCHASE PRICE): 8.08% 8.45%
26 RETURN ON INVESTMENT (NI  DOWN): 12.32% 13.79%
           Estimated Financing              
Purchase Price: $399,000 4.50% :Interest      
25%  Down: $99,750 25 :Years Amortized    
Amount Financed: $299,250 $1,663.33 :P&I Monthly Payment          
Description:  
 
 
 
 
 
 
 
 
This property summary includes assumptions, which represent a projection of future events and assumptions which may or may not occur.  Absolutely no tax or legal advice is being implied or given.  These projections may not and should not be relied upon to indicate results, which might be obtained.  Income collected and expenses incurred will vary depending upon the type of management employed.  Therefore, all information provided is solely for the purpose of permitting parties to determine whether or not the property is of such type and general character as might interest them in this purchase, and Reece Commercial/KCCommercial.net makes no warranty as to the accuracy of such information.  Interested persons are expected to acquaint themselves with the property and arrive at their own conclusions as to physical condition, number and occupancy of revenue producing units, estimates of operating costs, tax matters and any factors having to do with the valuation of property.

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