A Real Case Study: Real Estate investment

Brother Miat2 and other RE Gao-Shou, am I missing anything here? Thanks!


ROI on Rental Property Analysis ($760,000 price, 20% down)
Monthly rent 5,000
`12

Tax 12,000
Month Payment 5,054
Principle Paydown 3,379
Mortgage int 1,671

Monthly Tax 1,000

Monthly Tax Saving -
Net Payment 6,154


Net Cash Flow (1,154)

Initial down pay 20% $152,000


ROI Analysis

Montly RENT 5,000
12
1 Yr Rent 60,000

Insurance 1,250
58,750


Principle Paydown 3,379
Mortgage int 1,671
R E Tax 1,000
Exp 2,671
12
1 Yr Interest / R.E.Tax 32,052
1 Yr Tax Benefit -

NI 26,698

ROI over $152,000 downpay 17.6%

This is ROI assuming 0% housing price appreciation, assumeing 4% appreciation, unrealized gain will be $28,0000, total gain now at $55K, which is a 35% ROI.