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Case Study 1: Rental Duplex
Lee County, Florida
• Price of Duplex: $82,000
• Cash Down Payment: $22,000
• Closing Costs: $6,000.00
• Amount Financed: $60,000.00
Monthly
Income:
• Monthly Rental Income: $1,300 ($650/side)
Expenses:
• Management Fees (10%): $130
• Property Taxes: $125
• Insurance: $65
• Miscellaneous: $35
• TOTAL EXPENSES: $355
• Net Operating Income: $945
• LESS: Debt Service: $331 (based on interest rate of 5.25%; 30 yr term)
• Cash Flow Before Taxes: $614
• Annualized Net Operating Income: $11,340
• Annualized Cash Flow Before Taxes: $7,368
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Mason Hill Math:
"Calculating Cash-on-Cash Return, ROI, and
Cap Rate" Click to watch >>
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