Mortgage$Amount: n/a $51,000 …
[Pages:1]Disclaimer:
All
representations
on
this
page
are
from
reliable
sources
but
are
not
guaranteed
by
the
Invest
LA
group,
Alan
Siebenaler,
or
Essential
Property
Inc.
1915
S
Overton
Ave,
Independence,
MO
64052 3
Bed
1
Bath
Cash Purchase
Financed
Purchase
Dicounted
Purchase: Downpayment
25%
Down:
$68,000 n/a
$68,000 $17,000
Mortgage
Amount:
n/a
MONTHLY
OPERATING
EXPENSES:
$51,000
Approx
Mortgage
(30
Year,
75%
LTV,
5%
APR) $
-
-
Property
Tax
:
$80
$274 $80
Insurance: Water:
$60
$60
$0
$0
Property
Management: Landscape
and
Snow
Removal:
$72
$72
$0
$0
Repairs
/
Maintenance
/Reserves: Vacancy
Reserves
5%:
$45
$45
$45
$45
TOTAL
MONTHLY
EXPENSES:
($301)
($575)
3
Bed
1
Bath
$895
$895
Total
lowest
rent
: Monthly
Cash--Flow:
$895 $594
$895 $320
Cash--on--Cash*:
10.5%
22.6%
Annual
Mortgage
Paydown
by
Tenant**:
n/a
3.5%
Projected
Return
on
4%
Appreciation
/
Inflation***:
4.0%
16.0%
Total
Projected
Annual
Return
on
downpayment****:
14.5%
42.1%
Years
to
own
free
and
clear
with
Cash
Flow
Paydown*****:
n/a 8.5
Years
*
Cash
on
Cash
is
the
cash
flow
made
annual
(x12)
then
divided
by
the
amount
of
cash
invested.
**
On
a
straight
30
year
amortizaton
the
mortgage
is
paid
down
at
least
$600
a
year,
which
equates
to
a
4.6%
return
on
cash
invested
***
Conservatively
appreciation
and/or
inflation
increase
real
estate
values
by
at
least
4%
annually.
4%
of
the
purchase
price
is
a
16%
annual
return
on
the
DOWN
PAYMENT.
****
Total
return
is
calculated
by
adding
up
the
cash--on--cash,
the
mortgage
paydown
by
the
tenant,
and
the
projected
appreciation
return
on
downpayment.
*****
By
putting
the
cash
flow
back
into
the
mortgage
payment
your
property
will
be
entirely
paid
off
free
and
clear
by
March
2021
by
the
tenant.
See
attached
amortization
chart.
Disclaimer:
All
representations
on
this
page
are
from
reliable
sources
but
are
not
guaranteed
by
the
Invest
LA
group,
Alan
Siebenaler,
or
Essential
Property
Inc.
................
................
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