New Construction Ocala
Ocala, FL 34481
New Construction-Rent Ready
| Square Feet | 1,127 | | Purchase Price | $220,900 | | Initial Market Value | $220,900 | | Downpayment | $55,225 | | Closing Costs | $13,355 | | Initial Cash Invested | $68,580 |
| Income & Expenses | Monthly | Annual |
|---|
| Gross Rent | $1,800 | $21,600 | | Vacancy Losses | $108 | $1,296 | | Operating Income | $1,692 | $20,304 | | Operating Expenses | $499 | $5,988 |
| Net Performance | Monthly | Annual |
|---|
| Net Operating Income | $1,193 | $14,316 | | - Mortgage Payments | $1,101 | $13,214 | | = Cash Flow | $92 | $1,102 | | + Principal Reduction | $141 | $1,686 | | + First-Year Appreciation | $1,105 | $13,254 | | = Gross Equity Income | $1,337 | $16,042 |
| | Financial Indicators | |
|---|
| Capitalization Rate | 6.5% | | Cash on Cash Return | 2% | | Total Return on Investment | 23% |
| Assumptions | |
|---|
| Real Estate Appreciation Rate | 6% | | Vacancy Rate | 6% | | Management Fee | 8% |
| Comments |
|---|
| Marion County-this home is located south of the World Equestrian Center and around the corner from Rainbow Springs State Park. Great location for seasonal or annual rental. Luxury upgrades in a simple, ranch style new construction home. |
*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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