by Jeff Cameron
August 4, 2010
Phoenix
Rents are $1050 to $1100.
Low side rents for $12,600 per year
Less HOA $186 pm $2,232 p/y
Less Tax $1208
Less Insurance $500 guesstimate
Net income $8,660
Investment $75,000 plus minor closing costs
ROI 11.54% cash on cash return
This does not take into consideration management, repairs or loss of rents. However, the property was built in 2006 and has …
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by Jeff Cameron
July 27, 2010
Short Sale 9 Free Videos
How can I stop my 2nd Mortgage from pursuing a deficiency judgment?
Here is a big difference between Short Sale and foreclosure and that is all about your 2nd mortgage. If you have a 2nd mortgage and you get foreclosed on, expect them to be garnishing your wages as soon as they can.
What? You might say? …
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