Monday, January 11, 2010

29k Bank Owned Property 3/1

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Financial Analysis

Price

$29,000

Closing Cost

$2,500

Rehab

$13,000

Total Cash Investment

$44,500

After Repair Value (ARV)

$70,000

Rent

800

Tax+Ins.

300

Monthly Cash Flow

500

Yearly Cash Flow

6000

ROI (Full Occupancy)

13.48%

Equity

$25,500

Property Highlights

Sqft:

900

Beds:

3

Baths:

1

Construction

Block

Year

1964

Area Zip Code:

32811

Subdivision/Area:

Washinton Park

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