Sacramento, California - Single Family Home
Three Bedrooms, Two Bathrooms
Price:
$125,000 Down:
$27,500 (20% plus estimated closing costs ) Rent:
$1,150.00 * (possibly higher)Ins:
$50HOA:
NONETax:
$130 (1.25%) Prop mgt:
$80 Loan:
$541 (6.5% • 5 yr interest only) Misc:
$120Total Exp:
$921/moPositive cash flow- pre tax: $229/mo - $2,748 yr
Return on Investment - Cash on cash Estimate (including principal reduction if 30 yr loan): Estimated 10% Cash on Cash First Year!!
* Rents have been steady with no upward movement for five years.
Experts project that there will be an upside to the rental market for the next five years as a result of the housing market decline and credit meltdown. This is good news for us investors as rental income looks promising to get a lot better!