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How Do I Use The Cash Flow Calculator?
1. Fill in the 3 fields above for your Jacksonville Wealth Builders Investment.
2. Select your "purchase type".
3. Click the “Calculate The Cash Flow!” Button.
Your Cash Flow & ROI Will Be Generated For You!
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Calculations Explained
Closing Costs
Closing costs for cash purposes are typically 1% of the purchase price.
Monthly Taxes
Monthly taxes are roughly 2.25% of the purchase price for properties in Jacksonville, FL.
Monthly Insurance
Monthly insurance costs can fluctuate but this is an average for investment properties in Jacksonville, FL.
Monthly Property Mgmt Fees
9% of Annual Gross Rental Income
Investment properties purchased in the Jacksonville Wealth Builders program are managed for fees of only 9% of gross monthly rents.
| Maintenance & Vacancy Fees |
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For the purposes of this cash flow calculator, maintenance and vacancy expenses are not included, because our clients like to see the actual cash flows that will hit their bank account each month. However, maintenance and vacancy should be accounted for as part of your investment decision and will reduce your Return On Investment. A generally accepted, rule-of-thumb is to budget 10% of your annual gross rental income for maintenance & vacancy expense.
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| Your Investment |
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| Purchase Price: | input B3 |
| Purchase Type: | All Cash or IRA |
| Total Initial Investment | D5 + D6 |
| Net Monthly Cash Flow | d8-d9-d10-d11 |
| Net Return On Investment | d17/d7 |
| Total Initial Investment Calculation |
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| Purchase Price: | | input B3 |
| Closing Costs: | (+) | d5 * .01 |
| Total Initial Investment | (=) | D5 + D6 |
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| Net Monthly Cash Flow Calculation |
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| Monthly Gross Rental Income: | | input B4 |
| Monthly Taxes Expense: | (-) | (d5 *.0225) / 12 |
| Monthly Insurance Expense: | (-) | 850/12 |
| Monthly Prop. Mgmt Fees: | (-) |
input B4 *.09 |
| Net Monthly Cash Flow | (=) | d8-d9-d10-d11 |
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| Net Return On Investment |
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| Net Annual Cash Flow: | | d13-d14-d15-d16 |
| Total Initial Investment | (÷) | D5 + D6 |
| Return On Investment | (=) | d17/d7 |
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Calculations Explained
Closing Costs
Closing costs for cash purposes are typically 6% of the purchase price.
Monthly Taxes
Monthly taxes are roughly 2.25% of the purchase price for properties in Jacksonville, FL.
Monthly Insurance
Monthly insurance costs can fluctuate but this is an average for investment properties in Jacksonville, FL.
Monthly Property Mgmt Fees
9% of Annual Gross Rental Income
Investment properties purchased in the Jacksonville Wealth Builders program are managed for fees of only 9% of gross monthly rents.
| Maintenance & Vacancy Fees |
|---|
|
For the purposes of this cash flow calculator, maintenance and vacancy expenses are not included, because our clients like to see the actual cash flows that will hit their bank account each month. However, maintenance and vacancy should be accounted for as part of your investment decision and will reduce your Return On Investment. A generally accepted, rule-of-thumb is to budget 10% of your annual gross rental income for maintenance & vacancy expense.
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| Your Investment |
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| Purchase Price: | input B3 |
| Purchase Type: | Financed |
| Total Initial Investment | D5 + D6 |
| Net Monthly Cash Flow | d8-d9-d10-d11 |
| Net Return On Investment | d17/d7 |
| Total Initial Investment Calculation |
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| 20 % Down Payment: | | input B3 |
| Closing Costs: | (+) | d5 * .01 |
| Total Initial Investment | (=) | D5 + D6 |
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| Net Monthly Cash Flow Calculation |
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| Monthly Gross Rental Income: | | input B4 |
| Principal & Interest: | (-) | PMT((input B5/12),g12,g6 ) |
| Monthly Taxes Expense: | (-) | (d5 *.0225) / 12 |
| Monthly Insurance Expense: | (-) | 850/12 |
| Monthly Prop. Mgmt Fees: | (-) |
input B4 *.09 |
| Net Monthly Cash Flow | (=) | d8-d9-d10-d11 |
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| Net Return On Investment |
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| Net Annual Cash Flow: | | d13-d14-d15-d16 |
| Total Initial Investment | (÷) | D5 + D6 |
| Return On Investment | (=) | d17/d7 |
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Property Address: 8234 Susie St
Purchase Price: $82,500
Monthly Rent: $1,075
Loan Interest Rate: 5.375%
Purchase Type: Financed
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Property Address: 6052 Edgefield Dr
Purchase Price: $89,000
Monthly Rent: $1,175
Loan Interest Rate: 5.25%
Purchase Type: Financed
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| Jacksonville Wealth Builders has offered this estimator of Net Monthly Cash Flow and ROI in good faith. We realize that there are alternate methods to calculate Net Monthly Cash Flow and ROI and that some assumptions may not be applicable for your calculations. Data provided for the calculation is the user's responsibility. We do not make any representations or warranties of any kind on the information provided. We also disclaim any ability or responsibility for the accuracy, correctness, or completeness of any information provided. Do your own due diligence before making any investment decision. |
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