Property Information

IN ESCROW
New Construction Duplex
Port Charlotte , FL 33984
IncomeYear 1Year 2Year 3Year 4Year 5Year 6Year 7Year 8Year 9Year 10
Gross Rent$29,100$29,973$30,872$31,798$32,752$33,735$34,747$35,789$36,863$37,969
Vacancy Losses($2,328)($2,398)($2,470)($2,544)($2,620)($2,699)($2,780)($2,863)($2,949)($3,038)
Operating Income$26,772$27,575$28,402$29,254$30,132$31,036$31,967$32,926$33,914$34,931
ExpensesYear 1Year 2Year 3Year 4Year 5Year 6Year 7Year 8Year 9Year 10
Property Taxes($4,757)($4,899)($5,046)($5,198)($5,354)($5,514)($5,680)($5,850)($6,026)($6,206)
Insurance($1,464)($1,508)($1,553)($1,599)($1,647)($1,697)($1,748)($1,800)($1,854)($1,910)
Management Fees($2,142)($2,206)($2,272)($2,340)($2,411)($2,483)($2,557)($2,634)($2,713)($2,795)
Leasing/Advertising Fees$0$0$0$0$0$0$0$0$0$0
Association Fees$0$0$0$0$0$0$0$0$0$0
Maintenance($873)($899)($926)($954)($983)($1,012)($1,042)($1,074)($1,106)($1,139)
Other$0$0$0$0$0$0$0$0$0$0
Operating Expenses($9,235)($9,512)($9,797)($10,091)($10,394)($10,706)($11,027)($11,358)($11,699)($12,050)
Income AnalysisYear 1Year 2Year 3Year 4Year 5Year 6Year 7Year 8Year 9Year 10
Net Operating Income$17,537$18,063$18,605$19,163$19,738$20,330$20,940$21,568$22,215$22,882
- Mortgage Payments($15,722)($15,722)($15,722)($15,722)($15,722)($15,722)($15,722)($15,722)($15,722)($15,722)
= Cash Flow$1,815$2,341$2,883$3,441$4,016$4,608$5,218$5,846$6,493$7,160
+ Principal Reduction$4,833$5,030$5,235$5,448$5,670$5,901$6,141$6,391$6,652$6,923
+ Appreciation$21,954$23,271$24,668$26,148$27,716$29,379$31,142$33,011$34,991$37,091
= Gross Equity Income$28,602$30,642$32,785$35,037$37,402$39,889$42,502$45,249$48,137$51,174
Capitalization Rate4.5%4.4%4.3%4.1%4.0%3.9%3.8%3.7%3.6%3.5%
Cash on Cash Return1.7%2.2%2.7%3.3%3.8%4.4%5.0%5.6%6.2%6.8%
Return on Equity24.2%20.9%18.6%16.8%15.5%14.4%13.5%12.8%12.2%11.7%
Loan AnalysisYear 1Year 2Year 3Year 4Year 5Year 6Year 7Year 8Year 9Year 10
Market Value$387,854$411,125$435,793$461,940$489,657$519,036$550,178$583,189$618,180$655,271
- Loan Balance($269,592)($264,563)($259,328)($253,880)($248,210)($242,310)($236,168)($229,777)($223,125)($216,202)
= Equity$118,262$146,563$176,465$208,060$241,446$276,727$314,010$353,412$395,055$439,069
Loan-to-Value Ratio69.5%64.4%59.5%55.0%50.7%46.7%42.9%39.4%36.1%33.0%
Potential Cash-Out Refi$21,298$43,781$67,517$92,575$119,032$146,968$176,465$207,615$240,510$275,251
Sale AnalysisYear 1Year 2Year 3Year 4Year 5Year 6Year 7Year 8Year 9Year 10
Equity$118,262$146,563$176,465$208,060$241,446$276,727$314,010$353,412$395,055$439,069
- Closing Costs($27,150)($28,779)($30,505)($32,336)($34,276)($36,333)($38,512)($40,823)($43,273)($45,869)
= Proceeds After Sale$91,112$117,784$145,959$175,724$207,170$240,394$275,497$312,589$351,783$393,200
+ Cumulative Cash Flow$1,815$4,156$7,040$10,481$14,497$19,105$24,324$30,170$36,663$43,823
- Initial Cash Invested($105,196)($105,196)($105,196)($105,196)($105,196)($105,196)($105,196)($105,196)($105,196)($105,196)
= Net Profit($12,269)$16,744$47,803$81,009$116,471$154,303$194,625$237,562$283,250$331,827
Internal Rate of Return-11.7%7.7%13.5%15.7%16.5%16.8%16.8%16.7%16.5%16.2%
Return on Investment-11.7%15.9%45.4%77.0%110.7%146.7%185.0%225.8%269.3%315.4%
*Information is not guaranteed and investors should do their own research, get professional advice and conduct due diligence prior to investing.