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				200,000.00
	Down Payment			15%	30,000.00
	Loan				170,000.00
Cash In
	Down Payment			15%	30,000.00
	Closing Costs			3.2%	5,100.00
	Prop mgnt				1,075.00
	Admin Fee				1,900.00
	Suggested Reserve			2.0%	3,400.00
	Total Cash				41,475.00
Income
	Monthly Rent				1,050.00
	Vacancy			7.5%	78.75
	Effective Mo. Rent				971.25
Expenses		L-T-V %	Loan Amt.	Int. Rate
	1st Int. only	70%	$   140,000	5.25%	612.50
	2nd arm	15%	$     30,000	6.60%	165.00
	Taxes			0.65%	108.33
	Insurance			0.017%	34.00
	HOA				25.00
	Management				75.00
	Repairs				20.00
	Total Expenses				1,039.83
Cash Flow
	Monthly +/(-)				(68.58)
	Months Held			48	(3,292.00)
	Initial Reserve				3,400.00
	Reserve Balance				39.42
Return on Investment			(Estimated)
	Original Cost				200,000.00
	Appreciation			8.0%	75,133.22
	Sale Price				275,133.22
	Costs of Sale			6.0%	16,507.99
	Net Sale Price				258,625.23
	Loan Pay Off			Less	170,000.00
	Cash Out				88,625.23
	Reserve Balance				39.42
	Prop mgnt bonus				(1,500.00)
	Total Cash Back				87,164.64
	Cash In				41,475.00
	Total ROI				110%
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.