Property Address:fictional propertyAppraised Value ($55,000Anticipated selling price 52,2501.

Purchase Price $40,000 Including Deposit $1,000+ Cash to Close $3,000+ Mortgage $36,0002. 

 Purchasing Costs Including Closing Cost $800

Repairsv $5,000 Other $0 $5,800.

Holding Costs (allow 6 months)

Including Mortgage Payments $2,520Property Taxes $500 Utilities $600 Lawn/Snow maintenance $100 Insurance $500 Water $100 Management $0 Condo Fees$0

Other $0 Other $50 $4,3704.

Including Closing

Sales Commissions $4,750Advertising $0

$4,7505. Income (if any) Rents $4,200 Vending$0

Parking$0 Garage $0Sign Rent$0 Other $0Other 

$0$4,200Profit or Loss Anticipate Selling Price $52,250MinusPurchase Price $40,000MinusPurchase Costs

$5,800 MinusHolding Costs

$4,370 MinusSelling $4,750 PlusIncome (if any)$4,200

Net Profit/Loss to you

Total Profit/Loss$1,530
Cash Required By You

Total Cash Req'd$9,970

Deposit (1)$1,000Cash at Closing (1)$3,000Cash/Cash Return31%

Purchasing Costs $5,800(x100 x2 to get yearly)

Holding Costs $4,370Advertising $0(Profit divided by Cash Req'd)

Other$0 Sub-Total $14,170Minus Income $4,200

Equals Total Cash Req'd $9,970