@IndyInegrityHB - the example I used a 2 year lease purchase 600 per month pay down * 24 months=14.400
Selling Price (if stays the same) 105,000 - 65,000 purchase Price - rehab 6k = 34,000+14,400 ammortization=48,400 total profit. If it takes longer to sell on lease purchase - it pays down more.
hi
paulgordonca 8 months ago
so, wait...
how did you get those 14400 of amortization?
IndyInegrityHB 1 year ago
@IndyInegrityHB - the example I used a 2 year lease purchase 600 per month pay down * 24 months=14.400
Selling Price (if stays the same) 105,000 - 65,000 purchase Price - rehab 6k = 34,000+14,400 ammortization=48,400 total profit. If it takes longer to sell on lease purchase - it pays down more.
localmentor 1 year ago