|
Fictitious Condo |
Cash Flow Analysis Of
Investment Property |
| |
|
$ |
|
|
|
Unit Cost |
|
350,000.00 |
|
|
|
Land |
|
52,500.00 |
|
|
|
Building |
|
287,500.00 |
|
|
|
Expenses |
|
|
|
|
|
Down Payment |
70,000.00 |
|
|
|
|
Mortgage* |
280,000.00 |
|
|
|
|
APR |
7.5% |
|
|
|
|
Amortized |
30yrs |
1502.35 |
|
|
|
Maintenance |
|
320.00 |
|
|
|
Taxes per Month |
|
291.67 |
|
|
|
Electricity |
|
100.00 |
|
|
|
Telephone |
|
25.00 |
|
|
|
Insurance |
|
40.00 |
|
|
|
Others |
|
42.00 |
|
|
|
Total Monthly Expenses |
|
$2,214.62 |
|
|
|
Total Annual Expenses |
|
$26,575.00 |
|
|
| |
|
|
|
|
|
Income |
|
|
|
|
| |
Weeks |
@ |
|
|
|
|
In Season |
12 |
1375.00 |
16,500.00 |
|
|
|
Out of Season |
8 |
650.00 |
5,200.00 |
|
|
| |
|
|
$21,700.00 |
|
|
|
Cleaning |
15 |
70.00 |
1,050.00 |
|
|
|
Management Rental Fee |
15% |
|
3,255.00 |
|
|
|
Net Income |
|
|
$17,395.00 |
|
|
| |
|
|
|
|
|
|
|
Projected Tax Deductions |
|
|
|
|
| |
|
|
|
Minus Principle |
|
|
|
Expenses of |
26.575.44 |
1,988.40 |
$24,587.04 |
|
|
27.5 Year Depreciation of
Building |
|
210,150.00 |
$7,641.82 |
|
|
7 Year S/L Depreciation of
Furniture |
|
10,000.00 |
$1,428.57 |
|
|
Total |
|
|
|
$33657.43 |
|
|
Less Income |
|
|
|
$17,395.00 |
|
|
Total Deductions For Tax
Purposes |
|
$16,262.43 |
|
|
Total Tax Benefits in 31% Tax
Bracket |
|
$5,041.35 |
|
| |
|
|
|
|
|
|
|
Cash Flow Summary |
|
|
|
|
|
Expenses |
|
|
$26,575.44 |
|
|
|
Less Income |
|
|
$17,395.00 |
|
|
|
Net Expenses |
|
|
$9180.44 |
|
|
|
Less Tax Benefit |
|
|
$5041.35 |
|
|
|
After Tax Gain of (Loss) |
|
($4139.09) |
|
|
|
This does not take into
consideration the appreciation of property |
|
These projections are general in
nature and subject to individual exceptions.
Check with your CPA or legal Counsel |
|
|
|
|
|
John R. Wood Island Real Estate, inc., 630 Tarpon Bay Rd #7, Sanibel, FL 33957
Tel: 1.239-850-9296 or 239.395.3100 |
INVESTMENT CASH FLOW
