New Construction Duplex
Port Charlotte , FL 33984
| Income | Year 1 | Year 2 | Year 3 | Year 4 | Year 5 | Year 6 | Year 7 | Year 8 | Year 9 | Year 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 |
| Expenses | Year 1 | Year 2 | Year 3 | Year 4 | Year 5 | Year 6 | Year 7 | Year 8 | Year 9 | Year 10 |
|---|
| Property Taxes | ($5,489) | ($5,653) | ($5,823) | ($5,997) | ($6,177) | ($6,363) | ($6,554) | ($6,750) | ($6,953) | ($7,161) |
| Insurance | ($732) | ($754) | ($776) | ($800) | ($824) | ($848) | ($874) | ($900) | ($927) | ($955) |
| Management Fees | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Leasing/Advertising Fees | ($200) | ($206) | ($212) | ($219) | ($225) | ($232) | ($239) | ($246) | ($253) | ($261) |
| 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 | ($7,293) | ($7,512) | ($7,737) | ($7,970) | ($8,209) | ($8,455) | ($8,709) | ($8,970) | ($9,239) | ($9,516) |
| Income Analysis | Year 1 | Year 2 | Year 3 | Year 4 | Year 5 | Year 6 | Year 7 | Year 8 | Year 9 | Year 10 |
|---|
| Net Operating Income | $19,479 | $20,063 | $20,665 | $21,285 | $21,923 | $22,581 | $23,259 | $23,956 | $24,675 | $25,415 |
| - Mortgage Payments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| = Cash Flow | $19,479 | $20,063 | $20,665 | $21,285 | $21,923 | $22,581 | $23,259 | $23,956 | $24,675 | $25,415 |
| + Principal Reduction | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| + Appreciation | $21,954 | $23,271 | $24,668 | $26,148 | $27,716 | $29,379 | $31,142 | $33,011 | $34,991 | $37,091 |
| = Gross Equity Income | $41,433 | $43,334 | $45,332 | $47,432 | $49,640 | $51,961 | $54,401 | $56,967 | $59,666 | $62,506 |
| Capitalization Rate | 5.0% | 4.9% | 4.7% | 4.6% | 4.5% | 4.4% | 4.2% | 4.1% | 4.0% | 3.9% |
| Cash on Cash Return | 5.1% | 5.2% | 5.4% | 5.6% | 5.7% | 5.9% | 6.1% | 6.3% | 6.5% | 6.6% |
| Return on Equity | 10.7% | 10.5% | 10.4% | 10.3% | 10.1% | 10.0% | 9.9% | 9.8% | 9.7% | 9.5% |
| Loan Analysis | Year 1 | Year 2 | Year 3 | Year 4 | Year 5 | Year 6 | Year 7 | Year 8 | Year 9 | Year 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 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| = Equity | $387,854 | $411,125 | $435,793 | $461,940 | $489,657 | $519,036 | $550,178 | $583,189 | $618,180 | $655,271 |
| Loan-to-Value Ratio | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
| Potential Cash-Out Refi | $290,891 | $308,344 | $326,845 | $346,455 | $367,243 | $389,277 | $412,634 | $437,392 | $463,635 | $491,453 |
| Sale Analysis | Year 1 | Year 2 | Year 3 | Year 4 | Year 5 | Year 6 | Year 7 | Year 8 | Year 9 | Year 10 |
|---|
| Equity | $387,854 | $411,125 | $435,793 | $461,940 | $489,657 | $519,036 | $550,178 | $583,189 | $618,180 | $655,271 |
| - 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 | $360,704 | $382,346 | $405,287 | $429,604 | $455,381 | $482,704 | $511,666 | $542,366 | $574,908 | $609,402 |
| + Cumulative Cash Flow | $19,479 | $39,542 | $60,207 | $81,492 | $103,415 | $125,996 | $149,255 | $173,211 | $197,886 | $223,301 |
| - Initial Cash Invested | ($382,366) | ($382,366) | ($382,366) | ($382,366) | ($382,366) | ($382,366) | ($382,366) | ($382,366) | ($382,366) | ($382,366) |
| = Net Profit | ($2,183) | $39,523 | $83,128 | $128,731 | $176,430 | $226,334 | $278,555 | $333,211 | $390,428 | $450,338 |
| Internal Rate of Return | -0.6% | 5.2% | 7.1% | 8.1% | 8.6% | 8.9% | 9.2% | 9.3% | 9.4% | 9.5% |
| Return on Investment | -0.6% | 10.3% | 21.7% | 33.7% | 46.1% | 59.2% | 72.9% | 87.1% | 102.1% | 117.8% |
*Information is not guaranteed and investors should do their own research, get professional advice and conduct due diligence prior to investing.