MULTI - FAMILY STAT / PROFORMA SHEET          
Property Address: Franklin Apartments  
City: Liberty State: MO  Zip   BRICE BRADSHAW
Date:     Listing Price: $550,000 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 Studio 1 $395 $395 $4,740 $395 $395 $4,740
6 Studio 1 $475 $2,850 $34,200 $500 $3,000 $36,000
13 1 1 $503 $6,539 $78,468 $525 $6,825 $81,900
      $0 $0 $0 $0 $0 $0
      $0 $0 $0 $0 $0 $0
      $0 $0 $0 $0 $0 $0
TOTALS $9,784 $117,408 TOTALS $10,220 $122,640
 PROFORMA        
6          GROSS SCHEDULED INCOME: $117,408   % GSI % GSI   $122,640
7        Vacancy and Credit Losses: $8,219 7.0%[1] 7.0%[2] $8,585
8 Other Income: $1,800 1.5% 1.5% $1,800
9 ADJUSTED GROSS INCOME (L6-(L7+L8)): $110,989   % AGI % AGI   $115,855
10     0.0% 0.0%  
11 Accounting and Legal: $937 0.8% 0.8% $937
12 Repairs and Maintenance: $14,000 12.6% 12.1% $14,000
13 Replacement Reserves: $4,000 3.6% 3.5% $4,000
14 Management: $8,879 8.0%[3] 8.0%[4] $9,268
15 Insurance: $5,300 4.8% 4.6% $5,300
16 Taxes: $4,932 4.4% 4.3% $4,932
17 Trash: $3,059 2.8% 4.1% $4,740
18 Electric: $10,100 9.1% 8.7% $10,100
19 Gas: $5,671 5.1% 4.9% $5,671
20  Other: Water: $6,000 5.4% 5.2% $6,000
21 Total Expenses(sum L10 - L20): $62,878 56.7% 56.1% $64,948
22 Net Operating Income(L9 minus L21): $48,111         $50,907
23 Less Annual Debt Service: 26,816 24.2% 23.1% 26,816
24 Net Income (Cash Flow) L22-L23): 21,295 24,091
25 CAP RATE (NOI  PURCHASE PRICE): 8.75% 9.26%
26 RETURN ON INVESTMENT (NI  DOWN): 15.49% 17.52%
           Estimated Financing              
Purchase Price: $550,000 4.25% :Interest      
25%  Down: $137,500 25 :Years Amortized    
Amount Financed: $412,500 $2,234.67 :P&I Monthly Payment          

[1]
CHRISTIAN GALO:
Type in %
[2]
CHRISTIAN GALO:
Type in %
[3]
CHRISTIAN GALO:
Type in %
[4]
CHRISTIAN GALO:
Type in %