Mystical Property Development, Inc.

Real Estate Spreadsheet

Prepared by: Joseph B. Turner

Prepared on: April 22, 2024

Property Information
Purchase Cost $500,000.00
Appraisal Fee (a) $1,500.00

Downpayment (30%) $30,000.00

Closing Costs $10,000.00
Cash to Close Estimate (b) $40,000.00
Repairs on Property (c) $8,000.00
Total Cash Spent (a+b+c) $49,500.00

Monthly Annual
Income $10,000.00 $120,000.00
Principal & Interest $1,800.00 $21,600.00
Insurance $2,500.00 $30,000.00
Tax $1,000.00 $12,000.00
Maintenance $2,500.00 $30,000.00
Caretaker $800.00 $9,600.00
Cash Flow $1,400.00 $16,800.00
Annual Income $16,800.00

Cash-on-Cash ROI (annual income

divided by total cash spent) 19.39%