Shmul Development Corporation
Investor's Tools		Purchase Calculation Sheet (estimate)
Purchase Price	$650,000.00				MONTHLY Principal Insurance Tax Interest
Interest Rate	5.5	Estimated	ITEM	COST		TI
Loan to Value %	80		Down Payment	$130,000.00		Insurance	$94.79
Closing Day	15	DD/any month	Prepaid Interest	$1,191.67		Prop-Tax	$416.67
Property Tax	$5,000.00	Per Year-tax record	7 Month Property Tax	$2,916.67		Condo/HOA	$0.00
Insurance	$1,137.50		Hazard Insurance 1 year	$1,137.50		Total TI	$511.46
Collecting 2 M Hazard	1	1 for yes 0 fo no	Hazard Insurance 2 Month	$189.58
Brokerage	3		Brokerage	$0.00	Rate %	PI	P	I
Loan Points	0		Loan Points value	$0.00	4	$2,480.40	$747.07	$1,733.33
T & R Taxes Split	0.5		Transfer & Recordation	$7,117.50	4.5	$2,636.40	$686.40	$1,950.00
Survey	$160.00		Survey	$160.00	5	$2,792.40	$625.73	$2,166.67
Appraiser	$350.00		Appraiser	$350.00	5.5	$2,953.60	$570.27	$2,383.33
Bank Fees	$500.00		Bank Fees	$500.00	6	$3,120.00	$520.00	$2,600.00
Settlement Attorney	$350.00		Settlement Attorney	$350.00	Rate %	PITI	ITI
Title Insurance	$1,625.00	$2.5 lender/$4.2 ow	Title Insurance	$1,625.00	4	$2,991.86	$2,244.79
Abstract/Title Search	$224.00		Abstract/Title Search	$224.00	4.5	$3,147.86	$2,461.46
Condo Fee	$0.00		Condo Fee paid at Sett.	$0.00	5	$3,303.86	$2,678.13
Transaction Fee	$275.00		Transaction Fee	$275.00	5.5	$3,465.06	$2,894.79
Renovation	$0.00		Renovation	$0.00	6	$3,631.46	$3,111.46
Termite Inspection	$65.00		Termite Inspection	$65.00
Estimated Rent	$3,200.00					Yearly Return on Investment
					Rate %	PITI	ITI
			Estimated Closing Cost	$16,101.92	4	1.78	8.15
			Total Cash From Borrower	$146,101.92	4.5	0.44	6.30
Legened			Total W/out Prepaid Items	$140,666.50	5	-0.89	4.45
			Loan Amount	$520,000.00	5.5	-2.26	2.60
green items	fixed price				6	-3.68	0.76
Blue Items	Auto Formula
Highlighted	input required		This document serves as an estimate only!