Nice Area
Port Charlotte, FL 33952
3bd • 2ba
3BR, 2BA, Built in 1979
| Estimated Square Feet | 1,754 | | Initial Market Value | $309,900 | | Purchase Price | $309,900 | | Downpayment | $77,475 | | Loan Origination Fees | $0 | | Depreciable Closing Costs | $9,297 | | Other Costs and Fixup | $0 | | Approximate Cash Invested | $86,772 | | Cost per Square Foot / per Bedroom | $177 / $103,300 | | Monthly Rent per SQFT / per Bedroom | $1.28 / $750 |
| Projected Income | Monthly | Annual |
|---|
| Projected Rent | $2,250 | $27,000 | | Vacancy Losses | ($180) | ($2,160) | | Operating Income | $2,070 | $24,840 |
| Estimated Expenses | Monthly | Annual |
|---|
| Property Taxes | ($310) | ($3,719) | | Insurance | ($103) | ($1,240) | | Management Fees | ($166) | ($1,987) | | Leasing/Advertising Fees | $0 | $0 | | Association Fees | ($50) | ($600) | | Maintenance | ($68) | ($810) | | Other (Utilities, Supplies, etc.) | $0 | $0 | | Operating Expenses | ($696) | ($8,356) |
| Net Performance | Monthly | Annual |
|---|
| Net Operating Income | $1,374 | $16,484 | | - Mortgage Payments | ($1,394) | ($16,722) | | = Cash Flow | ($20) | ($238) | | + Principal Reduction | $238 | $2,854 | | + Inflation Induced Debt Destruction® (IIDD) - Beta | $581 | $6,973 | | + First-Year Appreciation | $1,550 | $18,594 | | = Gross Equity Income | $2,349 | $28,183 |
| | Mortgage Info | First | Second |
|---|
| Loan-to-Value Ratio | 75% | 0% | | Loan Amount | $232,425 | $0 | | Monthly Payment | $1,393.51 | $0.00 | | Loan Type | Amortizing Fixed | | | Term | 30 Years | | | Interest Rate | 6.000% | 0.000% | | Monthly PMI | $0 | |
| Empowered Investor® Indicators | |
|---|
| Rent-to-Value Ratio™ (RV Ratio™) | 0.7% | | Debt Coverage Ratio | 0.99 | | Annual Gross Rent Multiplier | 11 | | Capitalization Rate | 5.3% | | Cash on Cash Return | 0% | | Return on Investment | 24% | | Return on Investment with IIDD | 32% | | + Tax Benefits: Deductions, Depreciation, 1031 Exchange, etc. |
| Assumptions & Projections | |
|---|
| Projected Appreciation Rate | 6% | | Projected Inflation Rate | 3% | | Vacancy Rate | 8% | | Management Fee | 8% | | Maintenance Percentage | 3% |
*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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