Real Estate Investment Opportunities and Strategies

 Example 1

1

3+2 Bedroom, 3 Bath detached house with double car garage and finished basement, 1680 square feet. Swimming pool! Asking price was $318,900. We bought for $296,000. Rented $1790 per month (Rent To Own).

After 3 yearsEvery month
Down payment – $59,200
Closing cost – $5,000
Deposit from tenant – $7,000
Price after 3 years – $352,060
Credit to tenant – $14,400
Mortgage down after 3 years – $21,000
Profit – $57660
Total = Profit + cash flow = $75,950
ROI (Return On Investment) = 118%
Mortgage – $942
Tax – $280
Insurance – $60
Total expenses – $1,282
Cash Flow  – $508

 

 Example 2

1306555_101_12
3 Bedroom, 2 Bath townhouse with finished basement, 1250 square feet. Asking price was $245,000. We bought for $239,000. Rented $1390 per month (Rent To Own).

Down payment – $47,800
Closing cost – $5,000

Every yearEvery month
Average appreciation 5% – $11,950
Mortgage down every year – $2,650
Profit – $14,600
Total = Profit + cash flow = $18,300
ROI (Return On Investment) = 34% in year
Rent – $1,390
Mortgage – $760
Tax – $200
Insurance – $50
Total expenses – $1,010
Cash Flow – $380

 

 Example 3

example3-1
3 Bedroom, 2 Bath link house with finished basement, 1300 square feet. Asking price was $264,000. We bought for $256,5000. Rented $1690 per month (Rent To Own).

After 3 yearsEvery month
Down payment – $12,825
Closing cost – $5,000
Price after 3 years – $296,980
Credit to tenant – $14,400
Mortgage down after 3 years – $21,500
Profit – $21080
Total = Profit + cash flow = $31,050
ROI (Return On Investment) = 174%
Mortgage – $1,133
Tax – $220
Insurance – $60
Total expenses – $1,413
Cash Flow – $277

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