Duplex!
Bonita Springs, FL 34135
4 bdrm/ 2 bath each side - Built 1989
| Square Feet | 2,544 | | Purchase Price | $699,900 | | Initial Market Value | $699,900 | | Downpayment | $174,975 | | Closing Costs | $32,808 | | Initial Cash Invested | $207,783 |
| Income & Expenses | Monthly | Annual |
|---|
| Gross Rent | $6,000 | $72,000 | | Vacancy Losses | $480 | $5,760 | | Operating Income | $5,520 | $66,240 | | Operating Expenses | $1,704 | $20,448 |
| Net Performance | Monthly | Annual |
|---|
| Net Operating Income | $3,816 | $45,792 | | - Mortgage Payments | $3,489 | $41,866 | | = Cash Flow | $327 | $3,927 | | + Principal Reduction | $445 | $5,342 | | + First-Year Appreciation | $3,500 | $41,994 | | = Gross Equity Income | $4,272 | $51,263 |
| | Financial Indicators | |
|---|
| Capitalization Rate | 6.5% | | Cash on Cash Return | 2% | | Total Return on Investment | 25% |
| Assumptions | |
|---|
| Real Estate Appreciation Rate | 6% | | Vacancy Rate | 8% | | Management Fee | 8% |
*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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