3812 Brooklyn Ave

By admin • April 19th, 2010

3812 Brooklyn Ave

pics before dk purchase 001

Property Features

  • 3 Bedrooms
  • 2 Baths
  • 1228 sqft

 

Currently being rented for $625
APPRAISED VALUE YOUR PURCHASE PRICE
$85,000 $55,000

 

INVESTMENT STRATEGY:

20% Down Payment Loan Amount Closing Costs
$11,000 $44,000 $3,400

Total Out of Pocket at Closing: $14,400

 

Mortgage payment (based on 7% interest): Taxes and Insurance:
$293 $166

Monthly Costs: $459
 
Current Rental Agreement 10% Management fee Actual Rental Income
$625 $63 $562

Monthly Cash Flow $103

ROI: 8.5%

 

 

pics before dk purchase 002     pics before dk purchase 028   pics before dk purchase 009     pics before dk purchase 005

 


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