Finance Example

Purchase Price $43,900
Tax Assessed Value $68,100
Annual Insurance $500
EXAMPLE OVER 7 YEARS

FIRST SEVEN YEARS
Annual Taxes $1,236
Down Payment $21,950
Interest Rate 9.75%
Year of Loan 7yrs
Avg Rent $775 per month
10% Vacancy / Repairs $77.50
Management Fee $60 ( 8% )
Closing Cost $2,098
Monthly Net Cash Flow $129.01
Annual Net Income $1,548.12
NET ROI 6%

Expected Return Once Paid Off At The End Of 7 Years
Total Investment $24,048
Monthly Net Cash Flow $490.83
Annual Net Income $5,889.96
NET ROI 24%