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Interest rates do make a difference

By
Real Estate Agent with Caldecott Properties 01372814

As I am sure you are talking about these days, the coming interest rates will make a difference in my opinion. And in order to show that, I have analyzed a triplex with exactly the same parameters except for the mortgage rte at 3.75% and one at 4%.

So here are the results of that 0.25% rate increase.

Net operating income: is 3521 vs 2127

After 6 years: 57162 vs 47404

The equity generated by the PMT's: 120,100 vs 115,315

If that is not enough of a difference to you, then you can write the check to me.

Antoine

 

William Feela
WHISPERING PINES REALTY - North Branch, MN
Realtor, Whispering Pines Realty 651-674-5999 No.

Interest hikes will make some difference, but health care cost make minuscule rate hikes look petty

Dec 06, 2016 01:28 PM