Purchase Info

Here you just need to add the purchase information for the total property. Closing costs vary by location. If you are not sure of this number use 3% of the purchase price







Annual Operating Expenses

Input in the form of $ dollars, not %







Financial Information

Here you just need to add Financial information for 1st and 2nd mortgage when applicable. Input number as a percentage number.







Purchase Cost Breakdown

As your investment properties have tax advantages that are in part based on the depreciable values, for maximum tax benefit your tax advisor will want to know a break down of the value for each of the following. As the values will change by location, you will get the best idea of these break downs from your realtor or tax person. If you are currently not sure, a suggested rule of thumb would be as follows.







Income Breakdown







IDEAL Summary

Note this summary assumes one full calendar year of ownership for first year.



PURCHASE INFORMATION
{{applicationData.description}}
Purchase Cost: {{formatDollarString(applicationData.purchase_price)}}
Down Payment: {{formatDollarString(applicationData.down_payment)}}
Closing Costs: {{formatDollarString(applicationData.closing_costs)}}
TOTAL CASH INVESTED: {{formatDollarString(applicationData.total_investment)}}
RATE OF RETURN ANALYSIS
CAP RATE: {{applicationData.cap_rate.toFixed(3)}}%
CASH-ON-CASH: {{formatDollarString(applicationData.cash_on_cash)}}
RETURN ON INVESTMENT: {{applicationData.roi}}
ANNUAL OPERATING EXPENSES
Real Estate Taxes: {{formatDollarString(applicationData.real_estate_taxes)}}
Repairs: {{formatDollarString(applicationData.repairs)}}
Insurance: {{formatDollarString(applicationData.insurance)}}
Landscaping: {{formatDollarString(applicationData.landscaping)}}
Property Management: {{(100*applicationData.property_management).toFixed(3)}}%
Association Dues: {{formatDollarString(applicationData.association_dues)}}
Trash: {{formatDollarString(applicationData.trash)}}
Miscellaneous: {{formatDollarString(applicationData.miscellaneous)}}
TOTAL ANNUAL OPERATING EXPENSES: {{formatDollarString(applicationData.totalAOE)}}
PROPERTY INFORMATION
% of Total Interest Rate Loan Amount Loan Term
First Mortgage {{applicationData.mortgage1_value_pct}} {{(100*applicationData.mortgage1_rate).toFixed(3)}}% {{formatDollarString(applicationData.mortgage1_amount)}} {{applicationData.mortgage1_length}}
Second Mortgage {{applicationData.mortgage2_value_pct}} {{(100*applicationData.mortgage2_rate).toFixed(3)}}% {{formatDollarString(applicationData.mortgage2_amount)}} {{applicationData.mortgage2_length}}
TOTAL LOAN {{formatDollarString(applicationData.total_loan_amount)}}
Monthly P & I First Year Interest First Year Principal Annual P & I
First Mortgage {{formatDollarString(applicationData.mortgage1_PI)}} {{formatDollarString(applicationData.mortgage1_year1_interest)}} {{formatDollarString(applicationData.mortgage1_year1_principal)}} {{formatDollarString(applicationData.mortgage1_yearly_PI)}}
Second Mortgage {{formatDollarString(applicationData.mortgage2_PI)}} {{formatDollarString(applicationData.mortgage2_year1_interest)}} {{formatDollarString(applicationData.mortgage2_year1_principal)}} {{formatDollarString(applicationData.mortgage2_yearly_PI)}}
TOTALS {{formatDollarString(applicationData.total_PI)}} {{formatDollarString(applicationData.total_year1_interest)}} {{formatDollarString(applicationData.total_year1_principal)}} {{formatDollarString(applicationData.total_year1_PI)}}
Depreciation Rate Depreciation Amount
Land Value {{applicationData.land_value.toFixed(3)}}% {{formatDollarString(applicationData.land_value_amt)}} {{(100*applicationData.land_depreciation_rate).toFixed(3)}}% {{formatDollarString(applicationData.land_depreciation_amt)}}
Personal Property Value {{applicationData.personal_property_value.toFixed(3)}}% {{formatDollarString(applicationData.personal_property_amt)}} {{(100*applicationData.personal_property_depreciation_rate).toFixed(3)}}% {{formatDollarString(applicationData.personal_property_depreciation_amt)}}
Building Value {{applicationData.building_value.toFixed(3)}}% {{formatDollarString(applicationData.building_amt)}} {{(100*applicationData.building_depreciation_rate).toFixed(3)}}% {{formatDollarString(applicationData.building_depreciation_amt)}}
TOTAL DEPRECIATION {{formatDollarString(applicationData.depreciation_total)}}
Monthly Annual
Rent {{formatDollarString(applicationData.monthly_rent)}} {{formatDollarString(applicationData.annual_rent)}}
Less Vacancy {{applicationData.vacancy_allowance.toFixed(3)}}% {{formatDollarString(applicationData.vacancy_amt)}}
Gross Operating Income {{formatDollarString(applicationData.monthly_GOI)}} {{formatDollarString(applicationData.annual_GOI)}}
FIVE YEAR PROJECTION
TAXABLE INCOME Year 1 Year 2 Year 3 Year 4 Year 5
Total Gross Income (+5%) {{formatDollarString(applicationData.grossIncomeArr[0])}} {{formatDollarString(applicationData.grossIncomeArr[1])}} {{formatDollarString(applicationData.grossIncomeArr[2])}} {{formatDollarString(applicationData.grossIncomeArr[3])}} {{formatDollarString(applicationData.grossIncomeArr[4])}}
Vacancy Loss {{formatDollarString(applicationData.vacancyLossArr[0])}} {{formatDollarString(applicationData.vacancyLossArr[1])}} {{formatDollarString(applicationData.vacancyLossArr[2])}} {{formatDollarString(applicationData.vacancyLossArr[3])}} {{formatDollarString(applicationData.vacancyLossArr[4])}}
Operating Expenses (+10%) {{formatDollarString(applicationData.operatingExpenseArr[0])}} {{formatDollarString(applicationData.operatingExpenseArr[1])}} {{formatDollarString(applicationData.operatingExpenseArr[2])}} {{formatDollarString(applicationData.operatingExpenseArr[3])}} {{formatDollarString(applicationData.operatingExpenseArr[4])}}
Net Operating Income {{formatDollarString(applicationData.operatingIncomeArr[0])}} {{formatDollarString(applicationData.operatingIncomeArr[1])}} {{formatDollarString(applicationData.operatingIncomeArr[2])}} {{formatDollarString(applicationData.operatingIncomeArr[3])}} {{formatDollarString(applicationData.operatingIncomeArr[4])}}
Interest {{formatDollarString(applicationData.interestArr[0])}} {{formatDollarString(applicationData.interestArr[1])}} {{formatDollarString(applicationData.interestArr[2])}} {{formatDollarString(applicationData.interestArr[3])}} {{formatDollarString(applicationData.interestArr[4])}}
Depreciation {{formatDollarString(applicationData.depreciationArr[0])}} {{formatDollarString(applicationData.depreciationArr[1])}} {{formatDollarString(applicationData.depreciationArr[2])}} {{formatDollarString(applicationData.depreciationArr[3])}} {{formatDollarString(applicationData.depreciationArr[4])}}
Taxable Income {{formatDollarString(applicationData.taxableIncomeArr[0])}} {{formatDollarString(applicationData.taxableIncomeArr[1])}} {{formatDollarString(applicationData.taxableIncomeArr[2])}} {{formatDollarString(applicationData.taxableIncomeArr[3])}} {{formatDollarString(applicationData.taxableIncomeArr[4])}}
CASH FLOWS
Net Operating Income {{formatDollarString(applicationData.operatingIncomeArr[0])}} {{formatDollarString(applicationData.operatingIncomeArr[1])}} {{formatDollarString(applicationData.operatingIncomeArr[2])}} {{formatDollarString(applicationData.operatingIncomeArr[3])}} {{formatDollarString(applicationData.operatingIncomeArr[4])}}
Principal & Interest Payments {{formatDollarString(applicationData.piArr[0])}} {{formatDollarString(applicationData.piArr[1])}} {{formatDollarString(applicationData.piArr[2])}} {{formatDollarString(applicationData.piArr[3])}} {{formatDollarString(applicationData.piArr[4])}}
I Cash Flow Before Taxes {{formatDollarString(applicationData.cashFlowArr[0])}} {{formatDollarString(applicationData.cashFlowArr[1])}} {{formatDollarString(applicationData.cashFlowArr[2])}} {{formatDollarString(applicationData.cashFlowArr[3])}} {{formatDollarString(applicationData.cashFlowArr[4])}}
D Taxes Paid (or Saved) {{formatDollarString(applicationData.taxPaidArr[0])}} {{formatDollarString(applicationData.taxPaidArr[1])}} {{formatDollarString(applicationData.taxPaidArr[2])}} {{formatDollarString(applicationData.taxPaidArr[3])}} {{formatDollarString(applicationData.taxPaidArr[4])}}
E Principal Reduction {{formatDollarString(-1*applicationData.principalArr[0])}} {{formatDollarString(-1*applicationData.principalArr[1])}} {{formatDollarString(-1*applicationData.principalArr[2])}} {{formatDollarString(-1*applicationData.principalArr[3])}} {{formatDollarString(-1*applicationData.principalArr[4])}}
A Appreciation {{formatDollarString(applicationData.appreciationArr[0])}} {{formatDollarString(applicationData.appreciationArr[1])}} {{formatDollarString(applicationData.appreciationArr[2])}} {{formatDollarString(applicationData.appreciationArr[3])}} {{formatDollarString(applicationData.appreciationArr[4])}}
L Leverage Income {{formatDollarString(applicationData.leverageIncomeArr[0])}} {{formatDollarString(applicationData.leverageIncomeArr[1])}} {{formatDollarString(applicationData.leverageIncomeArr[2])}} {{formatDollarString(applicationData.leverageIncomeArr[3])}} {{formatDollarString(applicationData.leverageIncomeArr[4])}}
Total Income {{formatDollarString(applicationData.totalIncomeArr[0])}} {{formatDollarString(applicationData.totalIncomeArr[1])}} {{formatDollarString(applicationData.totalIncomeArr[2])}} {{formatDollarString(applicationData.totalIncomeArr[3])}} {{formatDollarString(applicationData.totalIncomeArr[4])}}