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Friday, Novernber' 19, 1993 = North Shore News - 9&3

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~ REALTY LTD

pe sgesesensensareneacseototacessesesssee OQ, 7000.00
© DOWN oo. .ceeseseeesceeneseresesesessetassseeserseen 5,970,090
° ist mortgage $62,275 @ 5 1/2% ........4389.23 Pit.
* 2nd mortgage 13455 @ 5 1/2% .........40......61.67 Intonly
© TAXCS coiiicccssseseseraevtecsrscessecetssesesssesssseevesseesOQ.00
* Municipal charges (water, sewer, etc.) .29.00
© INSUTANGE ..eeseecceecssceseatertsrstesesseasesersesersrere@ OOO
¢ Maintenance eerpererrrervent< 16h 0)¢)

seveeees tovneaee .£589.90
* Rent (2 yr. l@aS@) ee eeseceeetesereree 025.00

Return on Down Payment

es © Cash flow.... vee : 4.7%
>= «Debt reduction (1St year) cesses 10%

ee a ¢ Capital appreciation
th Se eee RRO ot _ At inflation rate Of 1.7% oo. | 70%

¢ Return on investment

THE ABOVE SCENARIO iS REALISTIC IF SHORT TERM
MORTGAGE RATES AVERAGE 51/2%
AND INFLATION STAYS DOWN AT 1.7%
— INVESTOR MUST QUALIFY.