Question
Calculate 1-year cash flow with following metrics in Execl sheet: LTV, DSCR, DY, Breakeven point, Going in Cap Rate and Cash on Cash return. Total
Calculate 1-year cash flow with following metrics in Execl sheet:
LTV, DSCR, DY, Breakeven point, Going in Cap Rate and Cash on Cash return.
Total Acquisition Price is $1,056,000
Property consists of eight office suites, Three on the first floor and five on the second floor
Contract rents are: two suites at $1,800/mo, one at $3,600/mo and five at $1,560/mo
Vacancy and collection losses are 10% per year
Operating expenses are 40% of EGI
CapEx are 5% of EGI
First mortgage loan is $792,000
Annual mortgage rate is 6.5%
Loan amortization is 30 years
Total up-front financing cost are 3% of loan amount
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