Prepared By: Chi Macnow
Phone: 650-291-4436
Confidential
Lease Option Analysis
Subject Property: Estimated Closing Date: For purchaser/investor:
Deal Terms: Seller's Purchase Price Buyers Lease Option Price Seller's Down Payment Rehab Costs Buyer's Option Deposit Buyer's Damage Deposit Closing costs Investor's Mortgage Interest Investor's Mortgage Payment Property Taxes (monthly) HOA & Hazard Insur Estimated Monthly Maint & Repair Property Management Fee Tenant lease payment Monthly credit towards purchase Closing costs on sale CASHFLOW ANALYSIS: Net Rental Income Gross Sale Proceeds Credit back Buyer's Deposits Credit to Buyer towards purchase Back out original investment Payoff Mortgage Balance Closing Costs Net Cashflow Return on Investment Year 1 $ $ $ $ $ $ 6,462 6,462 35.43% Year 2 $ 6,462 $ $ $ $ $ 6,462 35.43% Year 3 $ $ $ $ $ $ $ $ 6,462 118,750 (5,250) (8,640) (18,240) (65,250) (6,250) 21,582 118.32%
41270 Orange Pl, Hemet 3 Bed/ 2 Bath 5/30/2009 TBD
$ $ $ $ $ $ $ 87,000 125,000 21,750 (3,750) (1,500) 1,740 $ 6.13% (396) (91) (54) $ (120) 1,200 $ 240 6,250
25.00% 3.00% 2.00%
18,240
Net up front investment
1.25% 10% 0% 20.0% 5.0%
$ $ $ $ $ $ $ $
(541) PITI
539
Monthly Cash flow
Assumptions: 1. Property is only a cosmetic rehab (i.e. painting, cleaning, appliances). 2. Lease Purchase Buyer agrees to be responsible for all maintenance and repairs under $300 per incident. 3. Investor has good credit, funds for down payment and can qualify for conventional investment loan at 75% LTV.