Asking Price | 85,000.00 |
Aprox. Value | 105,000.00 |
Investment Scenario 1: 10% Down 30-Year Fixed | |
Income | |
Monthly Rent | 1,100.00 |
Expenses | |
Mortgage ($76,000 with a 7.00% interest) | 508.00 |
Taxes ($2743.00) | 228.00 |
Insurance ($700.00) | 58.00 |
HOA ($195.00) | 16.25 |
Total | 810.25 |
Monthly Cash Flow | 289.75 |
Annual Cash Flow | 3,477.00 |
Cash Investment | 8,500.00 |
Annual Return on Investment | 40.91% |
5 Year Outlook | |
Locked in Equity at Purchase | 20,000.00 |
Appreciation (5% a year) | 26,250.00 |
Total Rental Income | 15,780.00 |
Loan Repayment | 4,490.00 |
Total Return | 66,520.00 |
Comments(0)