COMPARE AND DO THE MATH
 
Tulsa, OK
$1,525,000
Sherman Oaks, CA
$2,330,000
x
z
No. Units:   48
Building Size:   34,295 sqft
Lot Size:   1.95 Acres
Occupancy   91.00%
Price:   $1,525,000
Price/Unit  

$31,771

GRM:   5.78
Cap Rate:  

12.82%

Scheduled Gross Income:

  $264,000

Vacancy:

  $23,760

Effective Gross Income:

  $240,240

Maintenance:

  $17,734

Taxes:

  $14,259

Insurance:

  $12,750

Total Expenses:

  $68,503

NOI:

  $195,497
No. Units:   11
Building Size:   8,845 sqft
Lot Size:   0.75 Acres
Occupancy   90.00%
Price:   $2,330,000
Price/Unit  

$211,818

GRM:   16.04
Cap Rate:  

2.52%

Scheduled Gross Income:

  $145,299

Vacancy:

  $14,530

Effective Gross Income:

  $130,769

Maintenance:

  $5,664

Taxes:

  $27,270

Insurance:

  $39,075

Total Expenses:

  $86,539

NOI:

$58,760
The above examples are actual properties for sale but are displayed here for comparison purposes only.  Availibility is subject to change without notice
 
           
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