Cape Coral Florida Proforma

 

Property Address
North Cape Coral Sample Home
 
 
Property Information
Type Dwelling:SFR
Square Footage:1548
Year Built:2020
Sales Details
This is based on our New Construction 1548 model built on a lot in Northwest or Northeast Cape Coral.
Financial Information
Purchase Price$262,900.00
Down Payment25%65,725.00
LTV (1st Loan)75%197,175.00
Mortgage Rate – Payment2.99%830.23
Amortization Term (years)
 30 
Property Taxes415.53
Insurance55.00
HOA Fees0.00
Property Management103.50
Other Expenses 
Total Monthly Expenses$1,404.27
 LowHigh
Rent Range1,6751,725
Net Cash Flow (pre – tax)$270.73$320.73
 
Annualized
Cash Return on Investment$3,848.815.9%
Principal Reduction4,067.286.2%
Tax Reduction – Based on 25% Tax Bracket1,789.362.7%
Total ROI9,705.4614.8%
 
Financial Indicators
Debt Coverage Ratio:1.39
Capitalization Rate:5.3%
Appreciation 10%  
Vacancy 0%  
Income Growth
 3%  
Maintenance 0%  

 

ANNUAL INCOME ANALYSISYear 1Year 2Year 3Year 4Year 5Year 6Year 7Year 8Year 9Year 10
Operating Income20,700.0021,321.0021,960.6322,619.4523,298.0323,996.9724,716.8825,458.3926,222.1427,008.80
(-) Mortgage Payments9,735.449,735.449,735.449,735.449,735.449,735.449,735.449,735.449,735.449,735.44
(-) Vacancy/Maintenance0.000.000.000.000.000.000.000.000.000.00
(-) Other Expenses6,774.576,774.576,774.576,774.576,774.576,774.576,774.576,774.576,774.576,774.57
           
Annual Cash Flow4,189.994,810.995,450.626,109.446,788.027,486.968,206.878,948.389,712.1310,498.79
(+) Principal Reduction3,974.464,093.304,215.684,341.734,471.554,605.254,742.954,884.765,030.825,181.24
Loan Balance188,700.54184,607.25180,391.56176,049.83171,578.27166,973.02162,230.08157,345.31152,314.50147,133.26
Market Value256,900.00282,590.00310,849.00341,933.90376,127.29413,740.02455,114.02500,625.42550,687.97605,756.76
(+) Appreciation25,690.0028,259.0031,084.9034,193.3937,612.7341,374.0045,511.4050,062.5455,068.8060,575.68
Cash on Cash Return7%7%8%10%11%12%13%14%15%16%
           
Equity68,19997,983130,457165,884204,549246,767292,884343,280398,373458,624
(+) Cum. Cash Flow4,1909,00114,45220,56127,34934,83643,04351,99161,70372,202
(-) Initial Cash Invested64,22564,22564,22564,22564,22564,22564,22564,22564,22564,225
Net Profit72,389.45106,983.73144,909.03186,445.10231,898.06281,603.00335,926.82395,271.37460,076.85530,825.68
Return on Investment112.7%166.6%225.6%290.3%361.1%438.5%523.0%615.4%716.4%826.5%

All financial information, while not guaranteed, is from sources we believe to be reliable. Performance & Projections are estimated and subject to change. The provider shall be held harmless if returns are not met. All Investments have risks and Investors are urged to perform their own due diligence prior to investing.