New Construction Duplex

Port Charlotte , FL 33984
4BR, 4BA, Pre-Construction
Property photo 0.
Property photo 1.
General Information
Square Feet2,332
Initial Market Value$365,900
Purchase Price$365,900
Downpayment$365,900
Loan Origination Fees$0
Depreciable Closing Costs$10,977
Other Closing Costs and Fixup$0
Initial Cash Invested$376,877
Cost per Square Foot$157
Monthly Rent per Square Foot$1.04
IncomeMonthlyAnnual
Gross Rent$2,425$29,100
Vacancy Losses($194)($2,328)
Operating Income$2,231$26,772
ExpensesMonthlyAnnual
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$0$0
Operating Expenses($646)($7,752)
Net PerformanceMonthlyAnnual
Net Operating Income$1,585$19,020
- Mortgage Payments$0$0
= Cash Flow$1,585$19,020
+ Principal Reduction$0$0
+ First-Year Appreciation$1,830$21,954
= Gross Equity Income$3,415$40,974
+ Tax Savings$0$0
= GEI w/Tax Savings$3,415$40,974
Mortgage InfoFirstSecond
Loan-to-Value Ratio0%0%
Loan Amount$0$0
Monthly Payment$0.00$0.00
Loan TypeAmortizing Fixed
Term30 Years
Interest Rate4.000%0.000%
Monthly PMI$0
Financial Indicators
Debt Coverage RatioN/A
Annual Gross Rent Multiplier13
Monthly Gross Rent Multiplier151
Capitalization Rate5.2%
Cash on Cash Return5%
Total Return on Investment11%
+ Tax Benefits: Deductions, Depreciation, 1031 Exchange, etc.
Assumptions
Real Estate Appreciation Rate6%
Vacancy Rate8%
Management Fee0%
Maintenance Percentage3%
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.