买房，卖房的盈利
| Cost |
Price |
|
Income |
Price |
| Down payment |
-35000 |
|
Seller credit |
3000 |
| Purchasing closing cost |
-2867 |
|
Price difference+down |
155000 |
| Rehab |
-10000 |
|
9 month Rent income |
19800 |
| Repair |
-2500 |
|
Half month rent |
1000 |
| Stove |
-450 |
|
Security Deposit |
2000 |
| Water heater |
-600 |
|
|
|
| Electric wire |
-8300 |
|
|
|
| Drywall repair |
-700 |
|
|
|
| 13 Mortgage payments |
-20667 |
|
|
|
| Selling closing cost |
-1154 |
|
|
|
| 1031 exchange fee |
-1500 |
|
|
|
| Utilities |
-580 |
|
|
|
| Total of Cost |
-84318 |
|
Total of Income |
180800 |
| Profit |
96482 |
|
|
|
1031 exchange前后对比
| Before 1031 |
Purchase Price |
PITI |
Rent |
Raw cash flow |
Annual CF |
| Disposition property |
175000 |
1590 |
2200 |
610 |
7323 |
|
After 1031
|
|
|
|
|
|
| Replacement property 1 |
201400 |
1213 |
2425 |
1212 |
14548 |
| Replacement property 2 |
140000 |
811 |
1685 |
874 |
10486 |
| Replacement property 3 |
110000 |
259 |
1300 |
804* |
9652* |
| Total |
451400 |
2283 |
5410 |
2891 |
34686 |
每年的现金流对比 34686/7323=4.74。现金流增加374%. 每年现金流增加了$27364，回报比以前高很多的其中一个原因是原来是15年的贷款。而后面的2个房子是30年贷款。
* 算的是 cash flow/110*85, 目的是排除现在的追加资金后的回报。
后续的计划是 refinance property 3. 再买2个房子，继续扩大杠杆。
|
