Date: 12-9-11 Price: $30K 20% Down $6K Mortgage Amt $24K Payment/mo. $150 Potential rent $1K Misc. fees $150 Cash Flow/mo $700 Cash Flow/yr $8.4K ROI/yr 140%
Date: 12-9-11 Price: $40K 20% Down $8K Mortgage Amt $32K Payment/mo. $200 Potential rent $1k Misc. fees $150 Cash Flow/mo $650 Cash Flow/yr $7.8K ROI/yr 97.5%
Date: 12-9-11 Price: $47.9K 20% Down $9.58K Mortgage Amt $38.32K Payment/mo. $240 Potential rent $1K Misc. fees $150 Cash Flow/mo $610 Cash Flow/yr $7.32K ROI/yr 76%
All of the figures above are intended as estimates for potential investors to consider and are not guarantees of mortgage payment amounts, rental income or ROI. The sale price is accurate as of the date noted. Mortgage payments are based on a 30 yr fixed rate at 4% using Mortgage Calculator Miscellaneous fees can vary and the fees used are based on a property management fee of 10% of the rent/mo. and a reserve repair acct. of 5% of the rent/mo. Investors are advised to do their own research as to the potential return on their investment.