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Value My Property

Here is a quick and easy tool to value the current equity in your property. In fact, you may be pleasantly surprised at how much it has changed since you bought it. Once you know how much equity you have, you can begin to build an effective strategy to refinance, cash out, trade up, or combine equities to increase your overall wealth. You already know most of the information needed. You will likely find the rest on your IRS Schedule E, your management statements, and your Property Tax Bill.

Property Information

Address:
City:
State:
Zip:
Year Built:
Stories:
Overall Condition:
Land Available for Additional Units?
       

Unit Information

       
 
Number
Avg Size
Avg Achieved
Rent/Unit/Mo
Total Rent/Type/Mo
4 Bedrooms
3 Bedrooms
2 Bedrooms
1 Bedroom
Studios
Rental Houses
Totals
 
S.F. of Commercial Space
Commercial rent/month
         
         
Average Vacancy Rate (Actual) %
Scheduled Annual Gross Rental Income $
 

Other Income

 
Misc. Income from Fees, Laundry, etc. $ (annual)
         
    Number   Monthly Rent
Units w/ Washer/Dryers #    
Units w/ Washer/Dryer Hook Ups #    
Garages #   $
Carports #   $
         
Annual Effective Gross Income
$
 

Expense Information

Enter in $$$ per year
 
Property Taxes $  
Insurance $  
Utilities (gas, electric, water, sewer) $  
Repairs and Maintenance $  
On-Site Management (include value of unit) $  
Off-site Management $  
Capital Improvements $  
Other Expenses $  
Total $  
     
Annual Net Operating Income $
       

Loan Information

       
Original Loan Amount $  
Or, Current Loan Balance $  
When Was it placed? Month: Year:  
Interest Rate   %
Monthly Payment (principal and interest only) $  
How long is rate fixed?   yrs.
When is it Due? Month: Year:  
Can it be prepaid?    
Can it be Assumed    
       

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