Bought 2010
SOLD 2016 for $118,000
3123 W Windrose, Phoenix
Monthly $ 895
Bought $ 35,000 | Rehab $ 16,000
Wrap 30yrs. @ 6%
Annual Income $ 895 | $ 10,740
The Numbers
PITI $ 430 | $5,160
Expenses $500
Net $ 5080 / $ 51,000 = 10% C/C
5080 x 5 = 25,400 + 65,000 Sale = 90,400 Profit
90,400 / 5 = 18,080 / 51,000 = 35.4% Annual Return
Cash Sale 2016
