ENTER TRANSACTION DETAILS HERE     Purchase Price $ Homeowners Insurance $ Down Payment $ Yearly Taxes $ Loan Interest Rate   % Monthly expenses/ Maintenance fees $ Loan Term in Years   Monthly Rental $ Inflation (for ins, taxes, expenses)    % Rent Increase Yearly    % Property Value Growth (real estate appreciation)    % Your Gross Income (for tax calculation) $ RESULTS       Loan Amount     $ Monthly Payment     $

INCOME Year 1 Year 2 Year 3 Year 4 Year 5 Rental Income EXPENSES           Insurance Taxes Monthly Expenses/Fees Total Payments Total Expenses CASH FLOW           Cash Flow TAX DEDUCTION           Interest Expense + Depreciation* + Ins, Tax, other expenses - Rental Income Total Tax Deduction TAX SAVED** NET WORTH           After Tax Cash Flow Principal Paid (est) Property Value Yearly addition to Net Worth

Assumptions:  * 27.5 yr straight line depreciation, deduction may be limited with high gross income.  Depreciation is based on the value of the property without the land.   In this calculation we are allocating 10% of the purchase price to the land and the remainder to the property. ** 2001 Federal Filing Status Single  (most conservative tax rate)  Keep in mind that your tax deduction may also be limited with an adjusted gross income over $100,000.  See your tax advisor for details. Results from this calculator is deemed reliable but not guaranteed. For Investment property contact Chet@wilke.net or 972-491-2438