Built 1973
Each Unit 1090 s.f. | 3 bd, 1bth, AC
Rented Unit 1 at Purchase | Rehab $4,000
Unit 2 on 11/10/15
Total 2180 s.f.
Monthly $ 1025
Bought $ 52,000 Down | Rehab $ 17,000
OC loan $39,000 @ 7%
The Numbers
Income $1025 |$ 12,300
PITI $ 345| $ 4,140
Expenses $100 |$ 1200
Net $ 6,960 | $ 17000 = 41% C/C
Princ. Paydown $ 400 + $ 6960 = $ 7360 | $ 17,000 = 43% ROI
