Sunday, December 28, 2008

9330 S. Chappel-$200-$400 Positive Cash Flow

$135,000 Sale Price-$160,000 Market Value

4 bed 2 bath home with a 2 car garage

$135,000 X 7% Interest Rate = $9,450 per year carrying cost + $3,550 Taxes & Misc =
$13,000 a year carrying cost or $1,083 per month

Rent should be between $1,300-$1,500 per month

$217 to $417 per month of positive cash flow per month

No comments:

Post a Comment