Draw the cash flow diagram for the following statements:

Draw the cash flow diagram for the following statements:

•$70K Purchase price with 20% down ($14K)

•Monthly expenses (utilities, maintenance, insurance, etc..) = $200

•Monthly P&I = $345 (starts in two months)

•Rental income = $750 (starting in 5 months)

•Expect to sell in a few years at a net profit of $50K