Area Comps: 1/2 mile distance, similar property 1. 275 Martingale Dr 3/1 $113,500 2. 814 Bettie Dr. 3/1 $137,000 3. 271 Martingdale 3/2 $137,0002013 Appraisal: $103,000Area 3/1 rents: $850Taxes: $839 / $70 a monthInsurance $804 / $67 a monthMortgage Refi: $78,000 @ 5% for 20 yearsMortgage Payment: $515 a monthMaintenance Reserve: $100 a month Monthly Cash Flow $100+
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