Martina Nerrant

Martina Nerrant Home Team

Pro Forma

Property Address

Property Type

I. Acquisition Costs

Purchase Price	$	Base Basis
Down Payment (%)	%	Investor standard
Est. Closing Costs ($)	$	Title, Escrow
Make-Ready Repairs ($)	$	Paint, cleaning
Total Cash Required	$126,500	"Skin in the Game"

II. Operating Income

Item	Monthly	Annual
Gross Rent	$	$39,600
Vacancy (%)	($165)	($1,980)
Effective Gross Income	$3,135	$37,620

III. Operating Expenses

Prop. Taxes (%)	$900	$10,800
Insurance (Hazard)	$150	$
Flood Insurance	$54	$
HOA Dues	$75	$
Prop. Mgmt (8%)	$250	$3,009
Maintenance (5%)	$157	$1,881
Total Expenses	($1,586)	($19,040)

Net Operating Income (NOI)

$18,580

Pre-Debt Performance

Debt Service (P&I)

Rate: %

($27,240)

Annual Mortgage Cost

Projected Cash Flow

Net Income after Expenses & Mortgage

-$8,660

Annual Pre-Tax

Cap Rate

4.1%

Cash-on-Cash

-6.8%

Gross Rent Mult.

11.4

Disclaimer: This Pro Forma is for estimation purposes only. All data, including taxes, insurance, and rents, are estimates and not guaranteed. Actual performance may vary. The investor is advised to verify all information independently.

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