Rotonda West Florida Proforma

Property Address
Rotonda West
 
 
Property Information
Type Dwelling:SFR
Square Footage:1837
Year Built:2021
Sales Details
This is based on our New Construction 1827 4 bed model built on a lot in Rotonda West.

 

Financial Information
Purchase Price$284,900.00
Down Payment25%71,225.00
LTV (1st Loan)75%213,675.00
Mortgage Rate – Payment2.99%899.71
Amortization Term (years)
 30 
Property Taxes364.53
Insurance55.00
HOA Fees0.00
Property Management112.50
Other Expenses 
Total Monthly Expenses$1,431.74
 LowHigh
Rent Range1,8251,875
Net Cash Flow (pre – tax)$393.26$443.26
 
Annualized
Cash Return on Investment$5,319.127.5%
Principal Reduction4,407.646.2%
Tax Reduction – Based on 25% Tax Bracket1,939.102.7%
Total ROI11,665.8616.4%
 
Financial Indicators
Debt Coverage Ratio:1.49
Capitalization Rate:5.7%
Appreciation 6%  
Vacancy 2%  
Income Growth
 3%  
Maintenance 3%  
ANNUAL INCOME ANALYSISYear 1Year 2Year 3Year 4Year 5Year 6Year 7Year 8Year 9Year 10
Operating Income22,500.0023,175.0023,870.2524,586.3625,323.9526,083.6726,866.1827,672.1628,502.3329,357.40
(-) Mortgage Payments10,796.5310,796.5310,796.5310,796.5310,796.5310,796.5310,796.5310,796.5310,796.5310,796.53
(-) Vacancy/Maintenance0.001,158.751,193.511,229.321,266.201,304.181,343.311,383.611,425.121,467.87
(-) Other Expenses6,384.356,384.356,384.356,384.356,384.356,384.356,384.356,384.356,384.356,384.35
           
Annual Cash Flow5,319.124,835.375,495.866,176.166,876.877,598.608,341.999,107.679,896.3310,708.65
(+) Principal Reduction4,407.644,539.434,675.164,814.954,958.915,107.195,259.895,417.165,579.135,745.95
Loan Balance209,267.36204,727.93200,052.77195,237.82190,278.90185,171.72179,911.83174,494.67168,915.53163,169.58
Market Value284,900.00301,994.00320,113.64339,320.46359,679.69381,260.47404,136.10428,384.26454,087.32481,332.56
(+) Appreciation17,094.0018,119.6419,206.8220,359.2321,580.7822,875.6324,248.1725,703.0627,245.2428,879.95
Cash on Cash Return7%7%8%9%10%11%12%13%14%15%
           
Equity75,63397,266120,061144,083169,401196,089224,224253,890285,172318,163
(+) Cum. Cash Flow5,31910,15415,65021,82728,70336,30244,64453,75263,64874,357
(-) Initial Cash Invested71,22571,22571,22571,22571,22571,22571,22571,22571,22571,225
Net Profit80,951.76107,420.56135,711.22165,909.15198,104.16232,390.73268,868.24307,641.24348,819.76392,519.60
Return on Investment113.7%150.8%190.5%232.9%278.1%326.3%377.5%431.9%489.7%551.1%

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.