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 3 February 2014
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 1.19 8.9% 9,900
Suite 104 1.37 10.2% 11,400
Suite 105 1.28 9.5% 10,620
Suite 106 1.45 10.8% 12,000
Suite 107 1.45 10.8% 12,000
Suite 108 1.45 10.8% 12,000
Suite 109 and 110 2.75 20.5% 22,800
Total Gross Income $13.42 100.0% $111,420
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 $10.39 77.4% $86,244
Less: Debt Service
Loan 7.55 56.3% 62,694
Total Debt Service $7.55 56.3% $62,694
Net Operating Cash Flow $2.84 21.1% $23,550


Capitalization Rate 7.95%
Gross Income Multiplier 9.74
Cash on Cash 7.18%
Debt Coverage Ratio 1.376
Price/SqFt $131


     
David Parker
David Parker
Broker/Owner
PO BOX 12920 Prescott AZ 86304