As you know, investing in Real Estate is the best way to earn and save money.
Many people think it is too complicated, but it’s not if you do it with us.
Take these steps for your future financial well-being:
3 beds, 2 baths, 2 car garage, Living 1,606 sf, Total 2,381 sf on 0.25 of acre lot
You can build this home for $446,900.
20% downpayment is $87,000 out of pocket.
If you own the lot, its value is a part of your downpayment.
Current lot values are $70,000 and higher.
The mortgage amount is $360,000.
Get started with as little as 10% downpayment if you qualify.
| Construction Price | $359,900 | |
|---|---|---|
| Palm Coast City Impact Fees | $22,000 | |
| Estimated Lot price 0.25 of acre | $65,000 | |
| Total cost to build model Daniella | $446,900 | |
| Estimated return on investment from rental income and expense * | 10 years | 15 years | 30 years | |
|---|---|---|---|---|
| 1 | Rental money received from tenants $2,500–$4,000 per month for 30 years | $300,000 $2,500/mo | $630,000 $3,500/mo | $1,440,000 $4,000/mo |
| 2 | Fixed for 30 years. Mortgage principal & interest - $2,000 per month | $240,000 | $360,000 | $720,000 |
| 3 | Escrow mortgage payment property tax and home insurance - $5,000 per year | $50,000 | $75,000 | $150,000 |
| Your positive cash flow: Line 1 – Line 2 – Line 3 | $10,000 | $195,000 | $310,000 |
* These projections are based on current estimates, but are subject to change based on individual circumstances and possible future real estate and/or bank developments.
| 10 years | 15 years | 30 years | ||
|---|---|---|---|---|
| Present model Daniella value | $446,900 | $446,900 | $446,900 | |
| National Zillow Home Price Scenario - 5% | $223,000 | $335,000 | $670,000 | |
| The total estimated market value of your home | $669,900 | $781,900 | $1,116,900 | |
In summary:
In 30 years, using rental money, you can pay off the mortgage of your home.
In 30 years, your home’s estimated market value will be $1,116,900.
For 30 years, after expenses, your estimated profit from rent will be $310,000.
You can choose the terms of this program: prepay your mortgage, sell, refinance, home equity,
and or continue to rent.
For Your Information:
The cost to build the Daniella model 10 years ago was $180,000.
The monthly rent Daniella model 10 years ago was $1,000.
Certified Green homes built using sustainable construction technologies make these homes highly energy efficient, healthy to live in, and hurricane-resistant.
Certified Green Homes rent faster and generate more income because renters will pay lower utility bills and live in a healthy environment.
Banks appraise the value of Green Homes higher than traditionally built homes.
Certified Green homes will keep your home value competitive in the future housing market with newly built homes.
