Financial Evaluation -- duplex Utah County

Financial Evaluation -- duplex Utah County - Date March...

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Date March 2007 Type of Property: Loan Information Contact Person: ?? Estimates 4.875% These numbers are crunched with the amortization formula on the next spreadsheet Phone: 30 Property Address: DUPLEX Property Age City: Provo, UT Owner Phone Comments: Offer Price for property 225,000.00 You decide what price you want to pay for the property Closing Costs (2.5% of Purchase) 5,625.00 You can change this. I use about 2.5 percent as an average for evaluation purposes Total Purchase Price 230,625.00 Sum of offer price and closing costs Loan Availability based on Cash Flows 195,993.74 Don't change this formula. It represents how much money you can buy with net cash flows shown below. Amortization formula on next page Cash Down Payment Required (If greater than ZERO, BE CAREFUL) 34,631.26 Tells you how much money you would theoretically have to put into the project (price less loan available) Don't Forget: You need some kind of return on this investment. HOW ARE YOU GOING TO GET IT WITHOUT CASH FLOWS? Potential Annual Gross Income (PGI)
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This note was uploaded on 01/11/2012 for the course CM 426 taught by Professor Markhutchings during the Winter '12 term at BYU.

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Financial Evaluation -- duplex Utah County - Date March...

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