4.375% Rare Creative Financing!
Sarasota, FL 34232
Built 2021 4 Bed 2.5 Bath
| Square Feet | 2,007 | | Purchase Price | $529,900 | | Initial Market Value | $529,900 | | Downpayment | $132,475 | | Closing Costs | $10,598 | | Initial Cash Invested | $143,073 |
| Income & Expenses | Monthly | Annual |
|---|
| Gross Rent | $3,200 | $38,400 | | Vacancy Losses | $256 | $3,072 | | Operating Income | $2,944 | $35,328 | | Operating Expenses | $865 | $10,376 |
| Net Performance | Monthly | Annual |
|---|
| Net Operating Income | $2,079 | $24,952 | | - Mortgage Payments | $2,255 | $27,058 | | = Cash Flow | ($176) | ($2,107) | | + Principal Reduction | $518 | $6,218 | | + First-Year Appreciation | $2,650 | $31,794 | | = Gross Equity Income | $2,992 | $35,905 |
| | Financial Indicators | |
|---|
| Capitalization Rate | 4.7% | | Cash on Cash Return | -1% | | Total Return on Investment | 25% |
| Assumptions | |
|---|
| Real Estate Appreciation Rate | 6% | | Vacancy Rate | 8% | | Management Fee | 8% |
| Comments |
|---|
| Sub To Low Rate Mortgage at 4.375% |
*Information is not guaranteed and investors should do their own research, get professional advice and conduct due diligence prior to investing.
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