Property Details
| Property #: | 1510 |
| Type: | 3 Bdrm. Single Family |
| Last Previous Sale Price: | $258,000 |
| Last Previous Sale Date: | October 2006 |
| Purchase Price: | $93,000 |
| Property Details | |
| Lease-hold improvements & Closing Costs: |
$9,800 |
| Total Cost of Property: | $102,800 |
| Investment Partners 50%: | $51,400 |
| Millhouse Ventures ltd 50%: | $51,400 |
| Monthly Property Tax Expense: | $95.00 |
| Monthly Property & Maint. Insurance Expense: | $52.00 |
| Monthly Estimated Repair & Maintain Expense: | $50.00 |
| Total Monthly Carrying Expense: | $197.00 |
| Monthly Rental Revenue: | $1,250 |
| Monthly Rental Profit: | $1,053.00 |
| Millhouse Property Manage Fee: | $125.00 |
| Net Monthly Rental Profit: | $928.00 |
| Annual Rental Profit Return Rate on Investment: | 10.83% |