1318 Briarwood Street,
For Sale: $39,000
Market Value: 60k(Today)
Rent: $695(Current rent)
City/County Taxes: $78/
month(2009 values)
Insurance: $50/
month(est.)
Management(8%): $56
Net Monthly Cash Flow:
$511/month
Please Note:
These examples DO NOT factor in vacancy, maintenance, appreciation, or rental increases. These numbers can vary over time, depending on market volatility, etc. EXAMPLES PROVIDED FOR INFORMATIONAL PURPOSES ONLY!!!!
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Example 1:
Using All Cash |
Example 2:
Bank Financing |
Example 3:
Using The Short Term
Retirement Program |
Single Property Purchase
Here is how the property at
1318 Briarwood would look,
using ALL CASH, if a new
investor purchased a single
property. Assume about
$3200 in costs to close(insurance, attorney fees, etc.) for a
total purchase price of
$42,200.
1318 Briarwood Street
Market Value: 60k (Today)
Rent: $695 (Current rent)
City/County Taxes: $78/month
(2009 values)
Insurance: $50/month(est.)
Management(8%): $56
Less Mortgage Payment:
NONE
Net Monthly Cash Flow:
$511/month
Cash Needed to Close: 42k
1 Year Cash on Cash: 15%
5 Year Net Gain: $30,660
Interest Paid: 0
Years Until Payoff: N/A
Total 30 Yr. Net:
$183,960
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Single Property Purchase
Here is how the property at
1318 Briarwood would look,
using Institutional based bank
financing, if a new investor
purchased a single property.
Assume a 20% down payment
and about $5200 in costs to
close (insurance, attorney fees,
etc.) for a total purchase price
of $44,200. 7.5% interest.
1318 Briarwood Street
Market Value: 60k (Today)
Rent: $695 (Current rent)
City/County Taxes: $78/month
(2009 values)
Insurance: $50/month(est.)
Management(8%): $56
Less Mortgage Payment:
$235/month (30 yr.)
Net Monthly Cash Flow:
$276/month
Cash Needed to Close: 11k
1 Year Cash on Cash: 30%
5 Year Net Gain: $16,560
Interest Paid: $50.673
Years Until Payoff: 30
Total 30 Yr. Net:
$99,360
|
Single Property Purchase
Here is how the property at
1318 Briarwood would look,
using The Short Term Retirement Program, if a new investor purchased a single property. Assume a 50% down
payment and about $3200 in
costs to close (insurance, attorney fees, etc.) for a total purchase price of $42,200.
1318 Briarwood Street
Market Value: 60k (Today)
Rent: $695 (Current rent)
City/County Taxes: $78/month
(2009 values)
Insurance: $50/month(est.)
Management(8%): $56
Less Mortgage Payment:
$472/month (5 yr.)
Net Monthly Cash Flow:
$39/month(For 5 Years)
Cash Needed to Close: 21k
1 Year Cash on Cash: .02%
5 Year Net Gain: $2,340
Interest Paid: $7,347
Years Until Payoff: 5
Total 30 Yr. Net:
$155,640
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