4927 University - Financials
Operating Summary
| Income / Expense Item | Monthly | Annually | Per Unit |
| Scheduled Rent | $21,585 | $259,020 | $11,773.64 |
| Vacancy (Estimated at 5%) | -$1,079 | -$12,951 | -$588.68 |
| Collection Loss (Estimated at 3%) | -$648 | -$7,771 | -$353.23 |
| Laundry Income (Estimated) | $100 | $1,200 | $54.55 |
| Operating Expenses | -$12,020 | -$144,244 | -$6,556.55 |
| Net Operating Income | $7,938 | $95,254 | $4,329.73 |
Expense Breakdown
| Expense Category | Monthly | Annually | Per Unit | % of Scheduled Rent | Notes |
| Property Taxes | $2,703 | $32,430 | $1,474.09 | 12.5% | 2026 |
| Insurance | $1,875 | $22,500 | $1,022.73 | 8.7% | Initial quote (not yet underwritten) |
| Utilities | $1,282 | $15,387 | $699.41 | 5.9% | |
| Management | $809 | $9,709 | $441.32 | 3.7% | Owner currently self-manages |
| Caretaker / Maintenance (Rent Credits) | $1,996 | $23,952 | $1,088.73 | 9.2% | Rent credits for on-site caretaker and maintenance |
| Repairs & Maintenance | $3,028 | $36,339 | $1,651.77 | 14.0% | |
| Cleaning | $233 | $2,793 | $126.95 | 1.1% | |
| Rental License | $95 | $1,134 | $51.55 | 0.4% | |
| Total Operating Expenses | $12,020 | $144,244 | $6,556.55 | 55.7% |
Suggested Sales Terms
| Item | Amount |
| Asking Price | $1,850,000 |
| Down Payment | $462,500 |
| Beginning Loan Balance | $1,387,500 |
| Interest Rate | 7.00% |
| Amortization | 25 years |
| Monthly Payment | $9,806.56 |
| First Year Principal Payments | $21,226.14 |
| First Year Interest Payments | $96,452.58 |
Cash Flow Analysis
| Item | Annually |
| Net Operating Income | $95,254.00 |
| Less Debt Service Payments | -$117,678.72 |
| Cash Flow | -$22,424.72 |
| Add Principal Reduction | $21,226.14 |
| Total Return | -$1,198.58 |
| Cash Flow as a Percentage | -4.85% |
| Total Return as a Percentage | -0.26% |
Value Indicators
| Indicator | Value |
| Cap Rate | 5.15% |
| Price per Unit | $84,090.91 |
Financing terms shown are illustrative only and are not a loan offer. Financial information is based on the Seller's reported income and expenses, adjusted with the broker's estimates for vacancy, collection loss and laundry income and an initial insurance quote. Information is deemed reliable but not guaranteed. Buyer and Buyer's agent should verify all information independently.