Rotonda West Florida Proforma
| Property Address | ||||
| Map Link: | ||||
| Property Information | ||||
| Type Dwelling: | Single Family | |||
| Square Footage: | 1,921 | |||
| Year Built: | 2021-2022 | |||
| Sales Details | ||||
Discounted Property Managment Rates (5%) through Lyons Property Management.https://www.lyonsrealestateinc.com/ | ||||
| Financial Information | ||||
| Purchase Price | $420,000 | |||
| Down Payment | 25% | $105,000 | ||
| LTV (1st Loan) | 75% | $315,000 | ||
| Mortgage Rate – Payment | 3.38% | $1,393 | ||
Amortization Term (years) | 30 | |||
| Property Taxes | $537 | |||
| Insurance | $50 | |||
| HOA Fees | $1 | |||
| Property Management ( 5% montly fee) | $128 | |||
| Other Expenses | $0 | |||
| Total Monthly Expenses | $2,108 | |||
| Low | High | |||
| Rent Range | 2,500 | 2,550 | ||
| Net Cash Flow (pre – tax) | $392 | $442 | ||
| Annualized | ||||
| Cash Return on Investment | $5,298 | 5.0% | ||
| Principal Reduction | $6,080 | 5.8% | ||
| Tax Reduction – Based on 25% Tax Bracket | $2,859 | 2.7% | ||
| Appreciation (Rate used is 7.00%) | $29,400 | 28.0% | ||
| Total ROI | $43,637 | 41.6% | ||
| Financial Indicators | ||||
| Debt Coverage Ratio: | 1.32x | |||
| Going-In Cap Rate: | 5.24% | |||
| Appreciation (annual) | 7.00% | |||
| Closing Cost | 1.75% | |||
| Vacancy | 0.00% | |||
| Income Growth (annual) | 3.00% | |||
| Maintenance Growth | 0.00% | |||
| ANNUAL INCOME ANALYSIS | Year 1 | Year 2 | Year 3 | Year 4 | Year 5 | Year 6 | Year 7 | Year 8 | Year 9 | Year 10 |
| Operating Income | $30,600 | $31,518 | $32,464 | $33,437 | $34,441 | $35,474 | $36,538 | $37,634 | $38,763 | $39,926 |
| (-) Mortgage Payments | 16,711 | 16,711 | 16,711 | 16,711 | 16,711 | 16,711 | 16,711 | 16,711 | 16,711 | 16,711 |
| (-) Vacancy/Maintenance | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| (-) Other Expenses | 8,591 | 8,591 | 8,591 | 8,591 | 8,591 | 8,591 | 8,591 | 8,591 | 8,591 | 8,591 |
| Cash Flow (after DS) | 5,298 | 6,216 | 7,162 | 8,136 | 9,139 | 10,172 | 11,236 | 12,332 | 13,461 | 14,624 |
| Annual Cash Flow | $5,298 | $6,216 | $7,162 | $8,136 | $9,139 | $10,172 | $11,236 | $12,332 | $13,461 | $14,624 |
| (+) Principal Reduction | 6,080 | 6,285 | 6,497 | 6,717 | 6,943 | 7,178 | 7,420 | 7,670 | 7,929 | 8,197 |
| Loan Balance | 308,920 | 302,635 | 296,138 | 289,421 | 282,478 | 275,300 | 267,880 | 260,210 | 252,281 | 244,084 |
| Market Value | 420,000 | 449,400 | 480,858 | 514,518 | 550,534 | 589,072 | 630,307 | 674,428 | 721,638 | 772,153 |
| (+) Appreciation | 29,400 | 31,458 | 33,660 | 36,016 | 38,537 | 41,235 | 44,121 | 47,210 | 50,515 | 54,051 |
| Cash on Cash Return | 5.05% | 5.92% | 6.82% | 7.75% | 8.70% | 9.69% | 10.70% | 11.74% | 12.82% | 13.93% |
| Implied Exit Cap | 5.24% | 5.10% | 4.96% | 4.83% | 4.70% | 4.56% | 4.43% | 4.31% | 4.18% | 4.06% |
| Rolling Equity | $111,080 | $146,765 | $184,720 | $225,097 | $268,057 | $313,772 | $362,427 | $414,218 | $469,357 | $528,069 |
| (-) Closing Costs | 7,350 | 7,865 | 8,415 | 9,004 | 9,634 | 10,309 | 11,030 | 11,802 | 12,629 | 13,513 |
| Proceeds After Sale | 103,730 | 138,901 | 176,305 | 216,093 | 258,422 | 303,463 | 351,396 | 402,416 | 456,729 | 514,556 |
| (+) Cum. Cash Flow | 5,298 | 11,514 | 18,676 | 26,811 | 35,950 | 46,122 | 57,358 | 69,690 | 83,151 | 97,776 |
| (-) Initial Cash Invested | 105,000 | 105,000 | 105,000 | 105,000 | 105,000 | 105,000 | 105,000 | 105,000 | 105,000 | 105,000 |
| Net Profit | $4,028 | $45,415 | $89,981 | $137,904 | $189,372 | $244,585 | $303,754 | $367,106 | $434,880 | $507,332 |
| Return on Investment | 3.84% | 43.25% | 85.70% | 131.34% | 180.35% | 232.94% | 289.29% | 349.62% | 414.17% | 483.17% |
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.