CASH FLOW PROJECTION - 90% (Annual)
- Based on figures as of 01 July 2008. Allow error margin of +/-3%.
- Based on 90% non-status mortgage fixed at 7.5%. 6 year "balloon".
- Appraisal will be between $30.000 & $40.000 above investment price.
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HOUSE / 3 BEDROOM (**to nearest $100) Purchase price $159.900Down payment 10% $15,300 Mortgage $143,910 Annual rents : $15,300.00 Mortgage expense $10,794.00 Mgmt $1,600.00 RE Taxes $1,000.00 Insurance $1,400.00 Sub-total : $14,794 Net : $506 |
DUPLEX (** to nearest $100) Purchase price $262,900Dep $26,290 Mortgage $236,310 Rents $30,000 Mortgage exp $17,754 Mgmt $3,000 RE taxes $1,900 Ins $2,400 Sub-total : $25,054 Net $4946 |
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DUPLEX USING SRAP (**to nearest $100) Purchase price $262,900Deposit $26,290 Mortgage $236,310 Rents $25,800.00 (1 side : $950 / 2nd side $1200) Mortgage expense $17,724.00 Mgmt $2,580.00 RE Taxes $1,800.00 Insurance $2,400.00 Sub-total : $24,504 Net : $1,296 per annum |
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