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- PRCHSE.EXE
- PC/Computing
- July, 1991
- Stephen L. Nelson
- Page 232
-
- -----------------------------------------------------------
-
- Use your PC to plan Real Estate investments. Find
- out if Real Estate should be a part of your financial
- plan.
-
- To use this template, you'll enter eight pieces of data in
- Part 1.
-
- In Cell B2, enter the purchase price of the property.
-
- In Cell B3, enter the closing costs on the loan you'll use
- to finance the purchase.
-
- In Cell B4, enter the annual income you expect to earn from
- the property.
-
- In Cell B5, enter the number of years you expect to own the
- property.
-
- In Cell B6, enter as a percent the rate at which you expect
- the property value and the rental income to increase over
- the number of years you'll hold the property.
-
- In Cell B7, enter the real estate commission you'll expect
- to pay when you sell the property (typically 4 to 7
- percent).
-
- In Cell B8, enter the percentage of the property's purchase
- price that you expect to finance with a mortgage.
-
- In Cell B9, enter the annual interest rate of the mortgage.
-
-
- Material in this document may not be reproduced in any form
- without permission. Written requests for permission should
- be addressed to Chantal Lavelanet, Ziff-Davis Publishing
- Company, One Park Avenue, New York, NY 10016.
-