| 96 Stetford St., Dorchester, MA -- OWNER OPPORTUNITY ANALYSIS | |||||||||
| SALE PRICE | $469,900 | SALE PRICE | $469,900 | SALE PRICE | $469,900 | ||||
| 5% DOWN PAYMENT | 10% DOWN PAYMENT | 20% DOWN PAYMENT | |||||||
| FINANCING | |||||||||
| 5% DOWN PAYMENT | $23,495 | 10% DOWN PAYMENT | $46,990 | 20% DOWN PAYMENT | $93,980 | ||||
| FIRST MORTGAGE | FIRST MORTGAGE | FIRST MORTGAGE | |||||||
|
loan amount
|
$446,405 |
loan amount
|
$422,910
|
loan amount
|
$375,920 | ||||
|
Loan To Value (LTV) of 1st mortgage
|
95% |
LTV of 1st mortgage
|
90% |
LTV of 1st mortgage
|
80% | ||||
|
interest rate
|
5.25% |
interest rate
|
5.25% |
interest rate
|
5.25% | ||||
|
term in years
|
30 |
term in years
|
30 |
term in years
|
30 | ||||
|
monthly payment
|
$(2,465) |
monthly payment
|
$(2,335) |
monthly payment
|
$(2,076) | ||||
| INCOME | |||||||||
| Market rent (excl. utilities) |
$2,800
|
Market rent (excl. utilities) |
$2,800
|
Market rent (excl. utilities) |
$2,800
|
||||
| Vacancy (5%) |
$ (140)
|
Vacancy (5%) |
$ (140)
|
Vacancy (5%) |
$ (140)
|
||||
| Effective Gross Income |
$2,660
|
Effective Gross Income |
$2,660
|
Effective Gross Income |
$2,660
|
||||
| OTHER ESTIMATED EXPENSES | |||||||||
| Taxes & Insurance | $ (275) | Taxes & Insurance | $ (275) | Taxes & Insurance | $ (275) | ||||
| Private Mortgage Insurance (PMI) | $ (290) | PMI | $ (275) | PMI | $ -0 | ||||
| Maintenance | $ (300) | Maintenance | $ (300) | Maintenance | $ (300) | ||||
| TOTAL OPERATING EXPENSES | $ (865) | TOTAL OPERATING EXPENSES | $ (550) | TOTAL OPERATING EXPENSES | $ (275) | ||||
| NET OPERATING INCOME | $1,795 | NET OPERATING INCOME | $2,110 | NET OPERATING INCOME | $2,385 | ||||
| First Mortgage | $ (2,465) | First Mortgage | $(2,335) | First Mortgage | $(2,076) | ||||
|
TOTAL MONTHLY EXPENSE
+util. |
$ (3,300) |
TOTAL MONTHLY EXPENSE
+util. |
$(2,885) |
TOTAL MONTHLY EXPENSE +util.
|
$(2,351) | ||||
| Monthly Cash Flow |
$ (670)
|
Monthly Cash Flow |
$(225)
|
Monthly Cash Flow |
$309
|
||||
| Principal Pay Down | $ 525 | Principal Pay Down | $ 497 | Principal Pay Down | $ 442 | ||||
| ANNUALIZED MONTHLY BENEFIT* |
$(146) | ANNUALIZED MONTHLY BENEFIT* | $272 | ANNUALIZED MONTHLY BENEFIT* | $751 | ||||
| *For marketing purposes only. All numbers are estimated. | |||||||||