Deal summary
Loan amount$337,500
Down payment$112,500
Closing costs$11,250
Total cash invested$123,750
Gross rent (mo)$3,800
Effective rent (mo)· after vacancy$3,610
Operating expenses (mo)$1,216
Loan payment (mo)$2,189
Annual NOI· excludes financing$28,722
10-yr equity$316,871
10-yr total return$217,663
Annualized return10.68%