New Construction Duplex
Port Charlotte , FL 33984
4BR, 4BA, Pre-Construction
| Square Feet | 2,332 | | Purchase Price | $365,900 | | Initial Market Value | $365,900 | | Downpayment | $365,900 | | Closing Costs | $16,466 | | Initial Cash Invested | $382,366 |
| Income & Expenses | Monthly | Annual |
|---|
| Gross Rent | $2,425 | $29,100 | | Vacancy Losses | $194 | $2,328 | | Operating Income | $2,231 | $26,772 | | Operating Expenses | $608 | $7,293 |
| Net Performance | Monthly | Annual |
|---|
| Net Operating Income | $1,623 | $19,479 | | - Mortgage Payments | $0 | $0 | | = Cash Flow | $1,623 | $19,479 | | + Principal Reduction | $0 | $0 | | + First-Year Appreciation | $1,830 | $21,954 | | = Gross Equity Income | $3,453 | $41,433 |
| | Financial Indicators | |
|---|
| Capitalization Rate | 5.3% | | Cash on Cash Return | 5% | | Total Return on Investment | 11% |
| Assumptions | |
|---|
| Real Estate Appreciation Rate | 6% | | Vacancy Rate | 8% | | Management Fee | 0% |
| 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.
|