| 15 Essex Rd., Milton, MA -- OWNER OPPORTUNITY ANALYSIS | |||||||||
| SALE PRICE | $399,900 | SALE PRICE | $399,900 | SALE PRICE | $ 399,900 | ||||
| 5% DOWN PAYMENT | 10% DOWN PAYMENT | 20% DOWN PAYMENT | |||||||
| FINANCING | |||||||||
| 5% DOWN PAYMENT | $ 19,995 | 10% DOWN PAYMENT | $ 39,900 | 20% DOWN PAYMENT | $ 79,980 | ||||
| FIRST MORTGAGE | FIRST MORTGAGE | FIRST MORTGAGE | |||||||
|
loan amount
|
$379,905 |
loan amount
|
$359,100 |
loan amount
|
$ 319,920 | ||||
|
Loan To Value (LTV) of 1st mortgage
|
95% |
LTV of 1st mortgage
|
90% |
LTV of 1st mortgage
|
80% | ||||
|
interest rate
|
5.75% |
interest rate
|
5.75% |
interest rate
|
5.75% | ||||
|
term in years
|
30 |
term in years
|
30 |
term in years
|
30 | ||||
|
monthly payment
|
$ (2,217) |
monthly payment
|
$ (2,096) |
monthly payment
|
$ (1,867) | ||||
| OTHER ESTIMATED EXPENSES | |||||||||
| Taxes & Insurance | $ (256) | Taxes & Insurance | $ (256) | Taxes & Insurance | $ (256) | ||||
| Private Mortgage Insurance (PMI) | $ (247) | PMI | $ (233) | PMI | $ -0 | ||||
| Maintenance | $ (50) | Maintenance | $ (50) | Maintenance | $ (50) | ||||
| TOTAL OPERATING EXPENSES | $ (553) | TOTAL OPERATING EXPENSES | $ (539) | TOTAL OPERATING EXPENSES | $ (306) | ||||
| First Mortgage | $ (2,217) | First Mortgage | $ (2,096) | First Mortgage | $ (1,867) | ||||
|
TOTAL MONTHLY EXPENSE
+util. |
$ (2,770) |
TOTAL MONTHLY EXPENSE
+util. |
$ (2,635) |
TOTAL MONTHLY EXPENSE +util.
|
$ (2,173) | ||||
| Estimated Value of Tax Deductions* |
$ 358
|
Estimated Value of Tax Deduction |
338
|
Estimated Value of Tax Deductions |
301
|
||||
| Principal Pay Down | $ 413 | Principal Pay Down | $ 391 | Principal Pay Down | $ 348 | ||||
| ANNUALIZED MONTHLY COST* |
$(1,999) | ANNUALIZED MONTHLY BENEFIT* | $(1,906) | ANNUALIZED MONTHLY BENEFIT* | $(1,524) | ||||
| *For marketing purposes only. All numbers are estimated. | |||||||||