1945 Main Street , Andrews, North Carolina 28901
MAGEX DEMO
 
 
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Summary
1945 Main Street , Andrews, North Carolina 28901
Incomes and Expenses
Income   $ 53,220.00
Increase of income (Year 1) + $ 517.80
Vacancy and Credits (ex: Vacancy rate, Bad debt) - $ 1,612.13
Effective Gross Income (EGI) (Year 1)  
$ 52,125.67
Expenses   $ 20,432.54
Cash Flow
Net Operating Income   $ 31,693.12
Annual Debt Service - $ 23,092.08
Cash Flow (before Taxes)  
$ 8,601.04
Equity total + $ 4,705.63
Cash Flow + Equity  
$ 13,306.67
Property Appreciation + $ 21,700.00
Cash Flow + Equity + Appreciation   $ 35,006.67
Down Payment and financing
Down Payment $ 95,000.00
 
Mortgage $ 285,000.00
Amortization 300 months
Interest Rate 6.50 %
Term 60 months
Payment $ 1,924.34
 
Acquisition Cost
Land   $ 57,000.00
Building   $ 323,000.00
Acquisition Cost  
$ 380,000.00
Acquisition Fees + $ 11,000.00
Total Acquisition Cost  
$ 391,000.00
Performance Ratio (Accord. to Acquisition Cost) (Year 1)
Gross Rent Multiplier (GRM)
Gross Rent Multiplier (GRM)
Indicates how many times the gross income represents the property acquisition cost. (Value of the Property / Gross Income.
7.71  
Net Rent Multiplier (NRM)
Net Rent Multiplier (NRM)
Indicates how many times the net operating income represents the property acquisition cost (Value of the Property / Net Operating Income).
12.67  
Average Unit Price
Average Unit Price
Average unit price. (Value of the Property /  Number of Units).
$ 66,950.00  
Operating Expenses Ratio (OER)
Operating Expenses Ratio (OER)
Indicates the percentage of the effective gross income which is absorbed by the operating costs.(Operating Expenses / Effective Gross Income).
39.20 %
Loan to Value Ratio (LVR)
Loan to Value Ratio (LVR)
Indicates the percentage of the property value that comes from external creditors. (Mortgage Balance / Value of the Property).
69.78  
Debt Coverage Ratio (DCR)
Debt Coverage Ratio (DCR)
This ratio is used to estimate the refund capacity of a debt based on the net income generated by a property. (Net Operating Income / Financing Cost).
1.37  
Break Even Ratio (BER)
Break Even Ratio (BER)
This ratio indicates the level of necessary occupation needed to face the financial and exploitation obligations. (Operating Expenses + Financing Costs / Potential Gross Income).
80.99 %
Capitalization Rate (Cap. Rate)
Capitalization Rate (Cap. Rate)
It's a measure of the ratio between the cash flow produced by a property and its capital cost (the original price paid) or alternatively its current market value. (Net operating income / value (or selling price) = Capitalization Rate).
7.89 %
Internal Rate of Return (IRR)
Internal Rate of Return (IRR)
Discount rate for which the actualized liquidity values generated by the property are equal to the actualized withdrawal values necessary to carry out this investment.
19.64 %
Property Appreciation 3.00 %