Purchased 2010
Built 1968, 1300 s.f. 3bd, 2bth, 2 car gar. Rehabbed in 2010
Monthly $ 1000
Bought $ 65,000
OC Down $ 5,000 | Refi $ 84,400
Rent- $ 1000 | $ 12,000
The Numbers
PITI – $ 645 | $ 7,740
Expenses $ 1000
Net $ 3260 | $ 5,000 = 65% C/C
Future Owner Finance Sale $185,000
