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Heritage Square
4501 Ross Ave, Dallas, TX 75204
Units96
Year built1999
Asking price$12,480,000
Price / unit$130,000
Data sourceMANUAL
IMF Deal Score
Elevated Risk
Data Confidence: 7.5/10
Operating snapshot (as reported, before your assumptions)
Gross scheduled income$1,382,400
Other income$48,000
Vacancy7.0%
Effective gross income$1,333,632
Operating expenses$560,000
Expense ratio42%
Net operating income$773,632
Going-in cap rate6.2%
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Assumptions
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Property
Financing
Growth
IMF Deal Score
Elevated Risk
Informational only — not a recommendation to buy or sell. Data Confidence is shown separately below.
Cap Rate6.2%
Cash-on-Cash3.0%
DSCR1.17
Debt Yield8.9%
NOI$773,632
Annual Cash Flow$111,022
Monthly Debt Service$55,217
Break-even Occupancy85%
Price / Unit$130,000
Loan Amount$8,736,000
Down Payment$3,744,000
Effective Gross Income$1,333,632
Score breakdown
Financial Return12 / 35
Cap rate 6.2% and cash-on-cash 3.0%.
Debt Resilience7.1 / 25
DSCR 1.17, debt yield 8.9%, break-even occupancy 85%.
Market Fundamentals15.9 / 20
Dallas, TX: rent growth 4.0%, vacancy 5.5%, job growth 2.8%.
Acquisition Basis5.3 / 10
$130,000/unit vs market median $135,000 (-4%).
Data Confidence7.5 / 10
Source MANUAL, 100% of key fields present, financials unverified.
5-year projection
| Year | NOI | Cash Flow |
|---|---|---|
| Year 1 | $773,632 | $111,022 |
| Year 2 | $812,977 | $150,368 |
| Year 3 | $854,106 | $191,497 |
| Year 4 | $897,096 | $234,486 |
| Year 5 | $942,026 | $279,416 |