Question: i gave information known. please fill out missing boxes and tell whether or not you should make the deal or lose money Loan Amount $16,000
Loan Amount $16,000 Total cost $144,000 Cost Per Month Projected Yearly Appreciation in $'s (5.86%) $35.44 $604.78 P&I 2.97% 30 year loan term City and County Tax $208.33 $12.20 County $1500 City $1000 $1,400/yr $116.66 $6.83 Home owners Insurance HOA Repairs CPA Total Cost/Mo Projected Monthly Income Stream Profit or Loss Monthly Annual Profit or Loss Year 1 Profit or Loss with Appreciation $1,300/y. $900/yr $550/y $6650 $108.33 $75 $45.83 $1,116.60 $1000 $6.34 $4.39 $2.68 $67.88 i $116.60 -$1,339.20 DO WE OR DON'T We Do The Deal? Yes No Why Loan Amount $16,000 Total cost $144,000 Cost Per Month Projected Yearly Appreciation in $'s (5.86%) $35.44 $604.78 P&I 2.97% 30 year loan term City and County Tax $208.33 $12.20 County $1500 City $1000 $1,400/yr $116.66 $6.83 Home owners Insurance HOA Repairs CPA Total Cost/Mo Projected Monthly Income Stream Profit or Loss Monthly Annual Profit or Loss Year 1 Profit or Loss with Appreciation $1,300/y. $900/yr $550/y $6650 $108.33 $75 $45.83 $1,116.60 $1000 $6.34 $4.39 $2.68 $67.88 i $116.60 -$1,339.20 DO WE OR DON'T We Do The Deal? Yes No Why
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