Analyze This

[Tony Thompson]

Duplex

Asking Price: $150,000

Gross Potential Rent: $1,900/month ($950/unit)

Taxes: $263/month

I have been pre approved for convential loan assuming 80% ltv @ 5.875% interest, 30 years.

Here's the catch: I only have $13,000 in cash. My parents have loaned me $18,000 for the down payment @ 5% interest for 10 years.

I have been stumped on calculating ROI for this property... I would have to somehow average out the two loans. Help.