SAMPLE
INVESTMENT REVIEW
FOR ILLUSTRATIVE PURPOSES ONLY, RATES, TERMS, AND FEES,
CONDITIONS ARE SUBJECT TO CHANGE WITHOUT NOTICE
Triolo  Residence Investment Pro-forma
	Purchase Price				180,000.00
	Down Payment			10%	18,000.00
	Loan				162,000.00
Cash In
	Down Payment			10%	18,000.00
	Closing Costs			3.2%	5,100.00
	Prop mgnt				1,075.00
	Admin Fee				1,900.00
	Suggested Reserve			2.0%	3,240.00
	Total Cash				29,315.00
Income
	Monthly Rent				950.00
	Vacancy			7.5%	71.25
	Effective Mo. Rent				878.75
Expenses		L-T-V %	Loan Amt.	Int. Rate
	1st Int. only	70%	$   126,000	5.25%	551.25
	2nd arm	20%	$     36,000	6.60%	198.00
	Taxes			0.65%	97.50
	Insurance			0.017%	30.60
	HOA				25.00
	Management				75.00
	Repairs				20.00
	Total Expenses				997.35
Cash Flow
	Monthly +/(-)				(118.60)
	Months Held			48	(5,692.80)
	Initial Reserve				3,240.00
	Reserve Balance				(2,571.40)
Return on Investment			(Estimated)
	Original Cost				180,000.00
	Appreciation			8.0%	67,619.90
	Sale Price				247,619.90
	Costs of Sale			6.0%	14,857.19
	Net Sale Price				232,762.70
	Loan Pay Off			Less	162,000.00
	Cash Out				70,762.70
	Reserve Balance				(2,571.40)
	Prop mgnt bonus				(1,500.00)
	Total Cash Back				66,691.30
	Cash In				29,315.00
	Total ROI				127%
NO GUARANTEE OF ACTUAL RESULTS IMPLIED OR INTENDED. DATA INTENDED FOR
ILLUSTRATIVE PURPOSES ONLY. EACH HOMES WILL PRODUCE DIFFERENT RESULTS.
EACH INVESTOR SHOULD SEEK LEGAL AND CPA ADVICE.