Rotonda West Florida Proforma

Property Address
Port Charlotte Sample Home
 
 
Property Information
Type Dwelling:SFR
Square Footage:1548
Year Built:2021
Sales Details
This is based on our New Construction 1548 model built on a lot in Port Charlotte.

 

Financial Information
Purchase Price$275,000.00
Down Payment25%68,750.00
LTV (1st Loan)75%206,250.00
Mortgage Rate – Payment2.99%868.45
Amortization Term (years)
 30 
Property Taxes351.86
Insurance55.00
HOA Fees0.00
Property Management105.00
Other Expenses 
Total Monthly Expenses$1,380.31
 LowHigh
Rent Range1,7001,750
Net Cash Flow (pre – tax)$319.69$369.69
 
Annualized
Cash Return on Investment$4,436.296.5%
Principal Reduction4,254.486.2%
Tax Reduction – Based on 25% Tax Bracket1,871.722.7%
Total ROI10,562.4915.4%
 
Financial Indicators
Debt Coverage Ratio:1.43
Capitalization Rate:5.4%
Appreciation 20%  
Vacancy 2%  
Income Growth
 3%  
Maintenance 3%  

 

ANNUAL INCOME ANALYSISYear 1Year 2Year 3Year 4Year 5Year 6Year 7Year 8Year 9Year 10
Operating Income21,000.0021,630.0022,278.9022,947.2723,635.6924,344.7625,075.1025,827.3526,602.1727,400.24
(-) Mortgage Payments10,421.3610,421.3610,421.3610,421.3610,421.3610,421.3610,421.3610,421.3610,421.3610,421.36
(-) Vacancy/Maintenance0.001,081.501,113.951,147.361,181.781,217.241,253.751,291.371,330.111,370.01
(-) Other Expenses6,142.356,142.356,142.356,142.356,142.356,142.356,142.356,142.356,142.356,142.35
           
Annual Cash Flow4,436.293,984.794,601.255,236.205,890.196,563.817,257.647,972.288,708.369,466.52
(+) Principal Reduction4,254.484,381.694,512.704,647.634,786.604,929.725,077.115,228.925,385.275,546.28
Loan Balance201,995.52197,613.83193,101.13188,453.49183,666.90178,737.18173,660.07168,431.15163,045.88157,499.60
Market Value275,000.00330,000.00396,000.00475,200.00570,240.00684,288.00821,145.60985,374.721,182,449.661,418,939.60
(+) Appreciation55,000.0066,000.0079,200.0095,040.00114,048.00136,857.60164,229.12197,074.94236,489.93283,787.92
Cash on Cash Return6%6%7%8%9%10%11%12%13%14%
           
Equity73,004132,386202,899286,747386,573505,551647,486816,9441,019,4041,261,440
(+) Cum. Cash Flow4,4368,42113,02218,25924,14930,71337,97045,94254,65164,117
(-) Initial Cash Invested68,75068,75068,75068,75068,75068,75068,75068,75068,75068,750
Net Profit77,440.78140,807.26215,921.21305,005.04410,721.83536,263.36685,455.71862,886.031,074,054.591,325,557.33
Return on Investment112.6%204.8%314.1%443.6%597.4%780.0%997.0%1255.1%1562.3%1928.1%

 

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.