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4 October 2006 | 13 replies
I don't think the question was about the investment as much as the analysis process.When I run a projection like this, I like to make it kind of a "what to expect in the first year" scenario.I also include projected tax benefits, equity buildup (amount of principle paid) and somtime include some estimation of appreciation.So, using your numbers (and a couple of my own assumptions), this is what I get:Your Assumptions:Purchase Price $250,000.00Down Payment $50,000.00Loan Term 30 yearsLoan Rate 7.80%Yearly Income $33,495.00Yearly Expenses $11,412.00My assumptions:Property Appreciation3.00%Buyer's Tax Bracket30.00%Depreciation- Land 20.00% Building 65.00% over 27.5 years Personal Property 15.00% over 5 years1st Year Benefits:Cash Flow$33,495.00Income-$11,412.00Expenses=$22,083.00Net Operating Income $1,439.74Monthly Payment*12Months=$17,276.89Debt Service $22,083.00Net Operating Income-$17,276.89Debt Service=$4,806.11Cash FlowTax Shelter$22,083.00Net Operating Income-$5,909.09Building Depreciation-$7,500.00Personal Property Depreciation-$15,538.73Interest Paid$-6,864.82Taxable Income / Loss $-6,864.82Taxable Income / Loss*30.00%Tax Bracket $2,059.45Total Tax Effect (You save this much in the first year on your taxes...)EquityIn the first year's payemts, $1,738.16 of principle will be paid.AppreciationA property worth $250,000.00 whose value increases by 3.00% per yer will increase in value by $7,500.00 in the first year.Total BenefitCash Flow + Shelter + Equity Increase + Appreciation = $16,103.7132.21% return on down paymentIf you don't like to include Appreciation, then you getCash Flow + Shelter + Equity Increase = $8,603.7117.21% return on down payment
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10 October 2007 | 36 replies
A sign in the yard has always been the most effective for me, definitely the most cost effective by about 30:1.
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26 April 2007 | 3 replies
Please send me an e-mail for a Confidentiality Agreement (this ensures I get the correct e-mail address to avoid any delays).
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25 October 2007 | 9 replies
Sorry about the confusion with the web address.
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7 September 2006 | 4 replies
I just done this today and they were very friendly (not ROD but the tax office was) and gave me a print out with owner name, address, assessed value, etc...
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7 August 2006 | 2 replies
the bats for one are HIGHLY ecologically benefitial thier effect on an enviroment is quite amazing.
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7 September 2006 | 18 replies
But typically, what is being considered is 'How does this effect land values', 'How will traffic counts increase and can they be managed effectively' and so on.Real Estate agents do far more than just sell real estate.
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27 August 2006 | 6 replies
Rates haven't increased that much to really effect us that much.
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24 September 2006 | 6 replies
I would love for you to forward me these priceless documents.Here's my email address: [email protected] you so much!
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31 August 2006 | 7 replies
As far as marketing, The tax records should have the owners mailing address, and you can direct mail, or you can research a little further and find most phone numbers.