Property Information

IN ESCROW
New Construction Duplex
Port Charlotte , FL 33984
4BR, 4BA, Pre-Construction
Square Feet2,332
Purchase Price$365,900
Initial Market Value$365,900
Downpayment$91,475
Closing Costs$13,721
Initial Cash Invested$105,196
Income & ExpensesMonthlyAnnual
Gross Rent$2,425$29,100
Vacancy Losses$194$2,328
Operating Income$2,231$26,772
Operating Expenses$770$9,235
Net PerformanceMonthlyAnnual
Net Operating Income$1,461$17,537
- Mortgage Payments$1,310$15,722
= Cash Flow$151$1,815
+ Principal Reduction$403$4,833
+ First-Year Appreciation$1,830$21,954
= Gross Equity Income$2,383$28,602
Financial Indicators
Capitalization Rate4.8%
Cash on Cash Return2%
Total Return on Investment27%
Assumptions
Real Estate Appreciation Rate6%
Vacancy Rate8%
Management Fee8%
Comments
Estimated Completion Nov- Jan 2022

4 Bedrooms (2 Beds/unit)
4 Baths (2 Baths/unit)
No Garage/Cover Lanai
Sq. Ft.: 2,332/each unit 1,166
On City Water and Septic

No HOA
*Information is not guaranteed and investors should do their own research, get professional advice and conduct due diligence prior to investing.