Projected After Refi Proforma
Sarasota, FL 34232
Built 2021 4 Bed 2.5 Bath
| Square Feet | 2,007 | | Purchase Price | $529,900 | | Initial Market Value | $529,900 | | Downpayment | $243,754 | | Closing Costs | $10,598 | | Initial Cash Invested | $254,352 |
| Income & Expenses | Monthly | Annual |
|---|
| Gross Rent | $3,450 | $41,400 | | Vacancy Losses | $276 | $3,312 | | Operating Income | $3,174 | $38,088 | | Operating Expenses | $888 | $10,657 |
| Net Performance | Monthly | Annual |
|---|
| Net Operating Income | $2,286 | $27,431 | | - Mortgage Payments | $1,537 | $18,445 | | = Cash Flow | $749 | $8,986 | | + Principal Reduction | $504 | $6,046 | | + First-Year Appreciation | $2,650 | $31,794 | | = Gross Equity Income | $3,902 | $46,826 |
| | Financial Indicators | |
|---|
| Capitalization Rate | 5.2% | | Cash on Cash Return | 4% | | Total Return on Investment | 18% |
| Assumptions | |
|---|
| Real Estate Appreciation Rate | 6% | | Vacancy Rate | 8% | | Management Fee | 8% |
| Comments |
|---|
| Projected After Refi Proforma |
*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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