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Property ID #
THU-0602-530 Annual
Projected Return on Investment: 48.54%
This duplex recently went into foreclosure and is
currently vacant. The property can either be sold outright or it can
have tenants placed in it. The return represents tenants being
placed in the property for one year.
|
|
| City, State, Zip: |
Spartanburg, SC 29303 |
| Type of Property: |
Duplex |
| Bedrooms: |
1 |
| Baths: |
1 |
| Year Built: |
-- |
| Condition: |
-- | |
Property Information
| Final Settlement Date: |
2006-04-01 |
| Trust Termination Date: |
2007-04-01 |
| Length of Trust: |
12 Months |
| Fair Market Value: |
$70000 |
| Investor Ben. Interest Participation: |
50% |
| Total Investor Cash Contribution: |
$12532.41 |
| Avg. Monthly Cashflow: |
$145.50 |
| Total Cashflow: |
$1745.50 |
| |
| Cash Investor Profit at Termination: |
$4338.01 |
| Total Profit: |
$6083.51 |
| Total Projected Rate of Return for Cash
Investors: |
48.54% |
| Annual Projected Rate of Return for Cash
Investors: |
48.54% |
| |
| Total Monthly Payment (PITI + All Fees): |
$434.00 |
| Mortgage |
Amount |
Interest |
Orgination
Date |
Monthly
PITI |
Current
Principal
Balance |
| 1st Mortgage |
$51600.00 |
6.38% |
2/27/2003 |
$394.00 |
$49994.10 |
| 2nd Mortgage |
$-0.00 |
-- |
-- |
$-- |
$-- |
| 3rd Mortgage |
$-0.00 |
-- |
-- |
$-- |
$-- |
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