3 bed, 2 bath
Purchased $ 51,000
Rehab & Wrap $28,000
Monthly $ 967
OC 30 yrs. @ 4.5%
Purchased 5/10/16
AC, New Roof, New Flooring, Paint, lot 7021 s.f.
The Numbers
Income $967/11,60067
OC PITI $425/5100
Expenses $100/1200
Net $5,300 / $28,000 = 19% C/C
Princ. Paydown $1106 + $5300 = $6406 / $28,000 = 23% ROI
Future Owner Finance Sale $189,000
