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FLORIDA PROPERTIES INVESTMENT FIGURES

Please note that these figures are produced in good faith and are for guidance purposes only.

 Purchase Price $326,900

 30% Deposit required $98,070

 

  ANNUAL EXPENSES

  ♦ Property taxes $2,500

  ♦ Insurance $650

  ♦ HOA fees $1,600

  ♦ Management fees $1,980

  ♦ Utility charges, cleaning, pest  control, pool & garden $5,500

 ANNUAL RENTAL INCOME

  ♦ 16 weeks high $13,440

  ♦ 14 weeks mid $8,400

  ♦ 6 weeks low $3,570

 4 beds, 2 baths, 2,161 sq ft

 Total Annual costs $12,230

 Total rental income $25,410

 Mortgage is based on an interest rate of 5% over a 30 year term including capital & interest payments

 Mortgage Amount $228,230

 Annual mortgage payments $14,736

Set up costs for this house

 4% Closing costs/legal fees $13,076

 Furniture Pack $15,000

 


Please note that these figures are produced in good faith and are for guidance purposes only.

 Purchase Price $397,900

 30% Deposit required $119,370

 

 

 ANNUAL EXPENSES

  ♦ Property taxes $2,850

  ♦ Insurance $800

  ♦ HOA fees $1,600

  ♦ Management fees $1,980

  ♦ Utility charges, cleaning, pest control, pool & garden $7,500

 ANNUAL RENTAL INCOME

  ♦ 16 weeks high $16,800

  ♦ 14 weeks mid $12,250

  ♦ 6 weeks low $3,990

 6 beds, 3 baths, 3,298 sq ft

  Total Annual costs $14,730

 Total rental income $33,040

Mortgage is based on an interest rate of 5% over a 30 year term including capital & interest payments

  Mortgage Amount $278,530

 Annual mortgage payments $17,940

Set up costs for this house

 4% Closing costs/legal fees $15,916

 Furniture Pack $22,000

 

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