South Beach Studio Investment Analysis on Cash Purchase
by Ashton Coleman on January 30th, 2009., under Buyers of South Florida, South Beach Condos
Buyers of South Florida, South Beach Condos | Tags: South Beach studio
For a friend looking to pay cash on an inexpensive South Beach investment property…
 South Beach 605 Euclid Avenue Rental Income Estimate $800 x 12 = $9,600
Vacancy Estimate 30 days (-800)
Taxes (Est.) $1,715
Maintenance $238 x 12 = $2,856
Prof. Service Fee (when Securing Tenant) $950
TOTAL = $3,279 (4%)
605 EUCLID AVE # 101
Rental Income Estimate $950 x 12 = $11,400
Vacancy Estimate 30 days (-950)
Taxes (Est.) $1,997
Maintenance $200 x 12 = $2,400
Prof. Service Fee (when Securing Tenant) $950
TOTAL = $5,103 (5%)
428 COLLINS AVE # 7
Rental Income Estimate $650 x 12 = $7,800
Vacancy Estimate 60 days (-650)
Prof. Service Fee (when Securing Tenant) $650
Taxes (Est.) $1,810
Maintenance $150 x 12 = $1,800
TOTAL = $2,890 (3%)
1619 JEFFERSON AVE #4
Rental Income Estimate $775 x 12 = $9,300
Vacancy Estimate 30 days (-775)
Taxes (Est.) $2,108
Maintenance $155 x 12 = $1,860
Prof. Service Fee (when Securing Tenant) $775
TOTAL = $3,782 (4%)
*These numbers are calculated at full price offers.
**Market averages are 89% off of list price making all figures more attractive.
Toll Free 1.888.383.7326
|
