Property Information

IN ESCROW
Investment Property
Cape Coral, FL 33909
3BR, 2BA, Built in 2018
Square Feet1,613
Initial Market Value$379,000
Purchase Price$379,000
Downpayment$379,000
Loan Origination Fees$0
Depreciable Closing Costs$11,370
Other Closing Costs and Fixup$0
Initial Cash Invested$390,370
Cost per Square Foot$235
Monthly Rent per Square Foot$1.49
IncomeMonthlyAnnual
Gross Rent$2,400$28,800
Vacancy Losses($192)($2,304)
Operating Income$2,208$26,496
ExpensesMonthlyAnnual
Property Taxes($379)($4,548)
Insurance($126)($1,516)
Management Fees($177)($2,120)
Leasing/Advertising Fees$0$0
Association Fees$0$0
Maintenance($72)($864)
Other$0$0
Operating Expenses($754)($9,048)
Net PerformanceMonthlyAnnual
Net Operating Income$1,454$17,448
- Mortgage Payments$0$0
= Cash Flow$1,454$17,448
+ Principal Reduction$0$0
+ First-Year Appreciation$1,895$22,740
= Gross Equity Income$3,349$40,188
+ Tax Savings$0$0
= GEI w/Tax Savings$3,349$40,188
Mortgage InfoFirstSecond
Loan-to-Value Ratio0%0%
Loan Amount$0$0
Monthly Payment$0.00$0.00
Loan TypeAmortizing Fixed
Term30 Years
Interest Rate0.000%0.000%
Monthly PMI$0
Financial Indicators
Debt Coverage RatioN/A
Annual Gross Rent Multiplier13
Monthly Gross Rent Multiplier158
Capitalization Rate4.6%
Cash on Cash Return4%
Total Return on Investment10%
Total ROI with Tax Savings10%
Assumptions
Real Estate Appreciation Rate6%
Vacancy Rate8%
Management Fee8%
Maintenance Percentage3%
Comments
*Information is not guaranteed and investors should do their own research, get professional advice and conduct due diligence prior to investing.