| Annual Estimates |
Income/Expense |
| Rental Income |
+ $55,200 |
| Laundry Income |
+ $2,500
|
| Tax/Insurance/Garbage/Water |
- $9,000
|
| Assumed Loan ($325K @ $2,430/mo) |
- $29,000
|
| Seller Carry ($25K @ $188/mo) |
- $2,250
|
| Equity Build-up |
+ $6,000
|
|
|
| Total Return on Investment |
$23,450
|
% Return on Investment = ($23,450/$150,000) =
15.63% |
| Offer |
$500,000
|
| Downpayment |
$150,000
|
| Assume Loan |
$325,000
|
| Carry Back |
$25,000
|
|
