New Construction Duplex
Port Charlotte, FL 33984
4bd • 4ba
4BR, 4BA, Pre-Construction
| Estimated Square Feet | 2,332 | | Initial Market Value | $365,900 | | Purchase Price | $365,900 | | Downpayment | $365,900 | | Loan Origination Fees | $0 | | Depreciable Closing Costs | $10,977 | | Other Costs and Fixup | $0 | | Approximate Cash Invested | $376,877 | | Cost per Square Foot / per Bedroom | $157 / $91,475 | | Monthly Rent per SQFT / per Bedroom | $1.04 / $606 |
| Projected Income | Monthly | Annual |
|---|
| Projected Rent | $2,425 | $29,100 | | Vacancy Losses | ($194) | ($2,328) | | Operating Income | $2,231 | $26,772 |
| Estimated Expenses | Monthly | Annual |
|---|
| Property Taxes | ($457) | ($5,489) | | Insurance | ($116) | ($1,390) | | Management Fees | $0 | $0 | | Leasing/Advertising Fees | $0 | $0 | | Association Fees | $0 | $0 | | Maintenance | ($73) | ($873) | | Other (Utilities, Supplies, etc.) | $0 | $0 | | Operating Expenses | ($646) | ($7,752) |
| Net Performance | Monthly | Annual |
|---|
| Net Operating Income | $1,585 | $19,020 | | - Mortgage Payments | $0 | $0 | | = Cash Flow | $1,585 | $19,020 | | + Principal Reduction | $0 | $0 | | + Inflation Induced Debt Destruction® (IIDD) - Beta | $0 | $0 | | + First-Year Appreciation | $1,830 | $21,954 | | = Gross Equity Income | $3,415 | $40,974 |
| | Mortgage Info | First | Second |
|---|
| Loan-to-Value Ratio | N/A | N/A | | Loan Amount | N/A | N/A | | Monthly Payment | N/A | N/A | | Loan Type | N/A | N/A | | Term | N/A | N/A | | Nominal / Real Interest Rate | N/A | N/A | | Monthly PMI | N/A | N/A |
| Empowered Investor® Indicators | |
|---|
| Rent-to-Value Ratio™ (RV Ratio™) | 0.7% | | Debt Coverage Ratio | N/A | | Annual Gross Rent Multiplier | 13 | | Capitalization Rate | 5.2% | | Cash on Cash Return | 5% | | Return on Investment | 11% | | Return on Investment with IIDD | 11% | | + Tax Benefits: Deductions, Depreciation, 1031 Exchange, etc. |
| Assumptions & Projections | |
|---|
| Projected Appreciation Rate | 6% | | Projected Inflation Rate | 3% | | Vacancy Rate | 8% | | Management Fee | 0% | | Maintenance Percentage | 3% |
| 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.
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