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Providential Real Estate     SEATTLE  -  SAN DIEGO  -  LOS ANGELES  -  IRVINE

© 2015 Providential Real Estate

8068 Camino Tranquilo

3 Beds • 2.5 Baths • 1,342 sqft • 2 carport spaces

Purchase Price: $475,000
Downpayment: 50% ($237,500)
Loan Amount: $237,500
Monthly mortgage: $1,083 at 3.625% interest
Interest tax deductible amount: $717/month*
Net interest savings: $3,013/year*

HOA: $370/month
Property Taxes: $495/month
Insurance: $34/month
Total monthly payment: $1,982

4 roommates, each paying $500/month = $2,000
Owner's monthly payment = ZERO
Monthly tax savings = -$427.50*

OWNER'S REALIZED MONTHLY GAIN = $445.50*

*Based on 35% tax bracket. Actual numbers may vary.