Port Charlotte Florida Proforma

Property Address
Port Charlotte 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 Port Charlotte.
Financial Information
Purchase Price$221,900.00
Down Payment25%55,475.00
LTV (1st Loan)75%166,425.00
Mortgage Rate – Payment3.75%770.74
Amortization Term (years)
 30 
Property Taxes283.92
Insurance55.00
HOA Fees0.00
Property Management100.50
Other Expenses 
Total Monthly Expenses$1,210.16
 LowHigh
Rent Range1,6251,675
Net Cash Flow (pre – tax)$414.84$464.84
 
Annualized
Cash Return on Investment$5,578.0710.1%
Principal Reduction3,007.945.4%
Tax Reduction – Based on 25% Tax Bracket1,510.312.7%
Total ROI10,096.3218.2%
 
Financial Indicators
Debt Coverage Ratio:1.60
Capitalization Rate:6.7%
Appreciation 4%  
Vacancy 2%  
Income Growth
 3%  
Maintenance 3%  
ANNUAL INCOME ANALYSISYear 1Year 2Year 3Year 4Year 5Year 6Year 7Year 8Year 9Year 10
Operating Income20,100.0020,703.0021,324.0921,963.8122,622.7323,301.4124,000.4524,720.4625,462.0826,225.94
(-) Mortgage Payments9,248.889,248.889,248.889,248.889,248.889,248.889,248.889,248.889,248.889,248.88
(-) Vacancy/Maintenance0.001,035.151,066.201,098.191,131.141,165.071,200.021,236.021,273.101,311.30
(-) Other Expenses5,273.055,273.055,273.055,273.055,273.055,273.055,273.055,273.055,273.055,273.05
           
Annual Cash Flow5,578.075,145.925,735.956,343.696,969.667,614.408,278.498,962.519,667.0410,392.71
(+) Principal Reduction3,007.943,120.743,237.773,359.193,485.163,615.853,751.443,892.124,038.084,189.50
Loan Balance163,417.06160,296.31157,058.54153,699.36150,214.20146,598.35142,846.91138,954.79134,916.71130,727.21
Market Value221,900.00230,776.00240,007.04249,607.32259,591.61269,975.28280,774.29292,005.26303,685.47315,832.89
(+) Appreciation8,876.009,231.049,600.289,984.2910,383.6610,799.0111,230.9711,680.2112,147.4212,633.32
Cash on Cash Return10%9%10%11%13%14%15%16%17%19%
           
Equity58,48370,48082,94895,908109,377123,377137,927153,050168,769185,106
(+) Cum. Cash Flow5,57810,72416,46022,80429,77337,38845,66654,62964,29674,688
(-) Initial Cash Invested55,47555,47555,47555,47555,47555,47555,47555,47555,47555,475
Net Profit64,061.0181,203.6799,408.43118,711.58139,150.69160,764.61183,593.56207,679.16233,064.49259,794.12
Return on Investment115.5%146.4%179.2%214.0%250.8%289.8%330.9%374.4%420.1%468.3%

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.