Annual Property Operating Data --- Stillwater Building A
Annual Property Operating Data
Stillwater Building A

Purpose Broker's Analysis
Name Stillwater Building A
Location 3195 Stillwater
Property Type Medical Office
Date 26 November 2013
Square Feet 9,500
Price $1,437,500
-Loans 1,078,125
Down Payment 359,375
+Acq Costs 3,594
+Loan Points 0
Investment 362,969


$/SqFt % of GI Annual $
Gross Income
Hospice Care $13.26 75.5% $126,000
Ortho Sports 4.29 24.5% 40,800
Total Gross Income $17.56 100.0% $166,800
Less: Operating Expenses
Taxes 1.69 9.6% 16,055
Insurance 0.23 1.3% 2,210
CAM 0.22 1.2% 2,080
Utilities 0.22 1.2% 2,080
Total Operating Expenses $2.36 13.4% $22,425
Net Operating Income $15.20 86.6% $144,375
Less: Debt Service
Loan 8.99 51.2% 85,382
Total Debt Service $8.99 51.2% $85,382
Net Operating Cash Flow $6.21 35.4% $58,993


Capitalization Rate 10.04%
Gross Income Multiplier 8.62
Cash on Cash 16.25%
Debt Coverage Ratio 1.691
Price/SqFt $151


     
David Parker
David Parker
Broker/Owner