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| 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 | 240,000.00 | |||||||||||
| Down Payment | 20% | 48,000.00 | ||||||||||
| Loan | 192,000.00 | |||||||||||
| Cash In | ||||||||||||
| Down Payment | 20% | 48,000.00 | ||||||||||
| Closing Costs | 3.2% | 5,100.00 | ||||||||||
| Prop mgnt | 1,075.00 | |||||||||||
| Admin Fee | 1,900.00 | |||||||||||
| Suggested Reserve | 2.0% | 3,840.00 | ||||||||||
| Total Cash | 59,915.00 | |||||||||||
| Income | ||||||||||||
| Monthly Rent | 1,100.00 | |||||||||||
| Vacancy | 7.5% | 82.50 | ||||||||||
| Effective Mo. Rent | 1,017.50 | |||||||||||
| Expenses | L-T-V % | Loan Amt. | Int. Rate | |||||||||
| 1st Int. only | 80% | $ 192,000 | 5.25% | 840.00 | ||||||||
| 2nd arm | 0% | $ - | 6.60% | 0.00 | ||||||||
| Taxes | 0.65% | 130.00 | ||||||||||
| Insurance | 0.017% | 40.80 | ||||||||||
| HOA | 25.00 | |||||||||||
| Management | 75.00 | |||||||||||
| Repairs | 20.00 | |||||||||||
| Total Expenses | 1,130.80 | |||||||||||
| Cash Flow | ||||||||||||
| Monthly +/(-) | (113.30) | |||||||||||
| Months Held | 48 | (5,438.40) | ||||||||||
| Initial Reserve | 3,840.00 | |||||||||||
| Reserve Balance | (1,711.70) | |||||||||||
| Return on Investment | (Estimated) | |||||||||||
| Original Cost | 240,000.00 | |||||||||||
| Appreciation | 9.0% | 103,537.28 | ||||||||||
| Sale Price | 343,537.28 | |||||||||||
| Costs of Sale | 6.0% | 20,612.24 | ||||||||||
| Net Sale Price | 322,925.04 | |||||||||||
| Loan Pay Off | Less | 192,000.00 | ||||||||||
| Cash Out | 130,925.04 | |||||||||||
| Reserve Balance | (1,711.70) | |||||||||||
| Prop mgnt bonus | (1,500.00) | |||||||||||
| Total Cash Back | 127,713.34 | |||||||||||
| Cash In | 59,915.00 | |||||||||||
| Total ROI | 113% | |||||||||||
| 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. | ||||||||||||