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Updated almost 5 years ago, 01/26/2020
TOTAL INITIAL EQUITY
In the Rental property calculation report how is the TOTAL INITIAL EQUITY arrived at?
Quick snap shot is
cost 110,000
down payment & closing 12000
rehab 30,000
ARV 170
Rental 1450/month
TOTAL INITIAL EQUITY in the report is 65,500. How is this figure arrived at?