MULTI - FAMILY STAT / PROFORMA SHEET          
Property Address: 1030 Pacific  
City: Kansas City State: MO  Zip   BRICE BRADSHAW
Date:     Listing Price: $1,125,000 Phone: 913-901-6305
MLS No.    
Directions:    
KCCommercial.net
Unit Description    Current Data     Market Rental Data
# of Units # Bed # Bath Unit Rent Mo. Rent Yearly Rent Unit Rent Mo. Rent Yearly Rent
1 2 2 $1,400 $1,400 $16,800 $1,400 $1,400 $16,800
2 1 2 $1,225 $2,450 $29,400 $1,300 $2,600 $31,200
1   1 $900 $900 $10,800 $925 $925 $11,100
10   1 $669 $6,690 $80,280 $750 $7,500 $90,000
      $0 $0 $0 $0 $0 $0
      $0 $0 $0 $0 $0 $0
TOTALS $11,440 $137,280 TOTALS $12,425 $149,100
 PROFORMA        
6          GROSS SCHEDULED INCOME: $137,280   % GSI % GSI   $149,100
7        Vacancy and Credit Losses: $6,864 5.0%[1] 5.0%[2] $7,455
8 Other Income: $0 0.0% 0.9% $1,400
9 ADJUSTED GROSS INCOME (L6-(L7+L8)): $130,416   % AGI % AGI   $143,045
10     0.0% 0.0%  
11 Adminstrative and Legal: $0 0.0% 0.3% $500
12 Repairs and Maintenance: $2,142 1.6% 5.9% $8,400
13 Cleaning, Lawn Care and Snow Removal: $2,140 1.6% 3.9% $5,600
14 Management: $0 0.0%[3] 8.0%[4] $11,444
15 Insurance: $10,650 8.2% 4.8% $6,800
16 Property Taxes: $6,650 5.1% 4.6% $6,650
17 Utilities: $9,628 7.4% 6.7% $9,628
18 Replacement Reserves: $0 0.0% 2.4% $3,500
19     0.0% 0.0%  
20  Other:   $0 0.0% 0.0%  
21 Total Expenses(sum L10 - L20): $31,210 23.9% 36.7% $52,522
22 Net Operating Income(L9 minus L21): $99,206         $90,523
23 Less Annual Debt Service: 56,278 43.2% 39.3% 56,278
24 Net Income (Cash Flow) L22-L23): 42,928 34,245
25 CAP RATE (NOI  PURCHASE PRICE): 8.82% 8.05%
26 RETURN ON INVESTMENT (NI  DOWN): 15.26% 12.18%
           Estimated Financing              
Purchase Price: $1,125,000 4.50% :Interest      
25%  Down: $281,250 25 :Years Amortized    
Amount Financed: $843,750 $4,689.84 :P&I Monthly Payment          
   
 
 
 
 
 
 
 
 
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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