Annual Property Operating Data --- Navajo Professional Building
Annual Property Operating Data
Navajo Professional Building

Purpose Broker's Analysis
Name Navajo Professional Building
Location 3050 Navajo, Prescott Valley A
Property Type Office
Date 26 November 2013
Square Feet 8,300
Price $1,085,000
-Loans 759,500
Down Payment 325,500
+Acq Costs 2,713
+Loan Points 0
Investment 328,213


$/SqFt % of GI Annual $
Gross Income
Suite 100 $2.49 18.6% $20,700
Suite 103 1.01 7.6% 8,400
Suite 104 1.37 10.2% 11,400
Suite 105 1.23 9.2% 10,200
Suite 106, 7 and 8 4.24 31.6% 35,160
Suite 109 and 110 3.06 22.8% 25,380
Total Gross Income $13.40 100.0% $111,240
Less: Operating Expenses
Taxes 1.97 14.7% 16,356
Insurance 0.40 3.0% 3,300
Utilities 0.67 5.0% 5,520
Total Operating Expenses $3.03 22.6% $25,176
Net Operating Income $10.37 77.4% $86,064
Less: Debt Service
Loan 7.55 56.4% 62,694
Total Debt Service $7.55 56.4% $62,694
Net Operating Cash Flow $2.82 21.0% $23,370


Capitalization Rate 7.93%
Gross Income Multiplier 9.75
Cash on Cash 7.12%
Debt Coverage Ratio 1.373
Price/SqFt $131


     
David Parker
David Parker
Broker/Owner