Assuume that you are able to obtain a loan from the bank for up to $10,000,000 at 7% interest annually. You are to create a portfolio of real estate investments from real estate properties currently listed for sale. Select a minimum of 3 properties that you can purchase with this loan from any source, for example, Realtor.com. These investments can be from anywhere in the United States and from any price range (use current market values). Calculate the expected total cost of purchase for these investments. Calculate the expected annual payments for mortgage interest, property taxes, and insurance. Calculate expected gross rents and net operating income. Compare the expected net operating income to your expected mortgage interest, property taxes, and insurance payments. Make conclusions as to whether these investments are profitable based on your analysis. Use concepts found in the course to defend your position. You can make any realistic assumptions necessary.

Below is the links to the properties I have selected

572 Edgewood Ave SE, Atlanta, GA 30312 property price- 1,350,000

http://www.loopnet.com/xNet/MainSite/Listing/Profile/Profile.aspx?LID=19410933&SRID=6256323901&StepID=101

Calculate the expected total cost of purchase for these investments. -

Calculate expected annual payments for mortgage interest, property taxes, and insurance. -

Expected Annual Payments for mortgage interest

Property taxes

Insurance

Calculate expected gross rents and net operating income. -

Expected Gross rent

Net Operating Income

Compare expected net operating income to your expected mortgage interest, property taxes, and insurance payments. -

Make conclusions as to whether these investments are profitable based on your analysis. -

Tradewater Park 7095 Tradewater Pky, Atlanta, GA 30336 Property Price- 3,279,680

http://www.loopnet.com/xNet/MainSite/Listing/Profile/Profile.aspx?LID=19292686&SRID=6262420595&StepID=101&vt=sr

Calculate the expected total cost of purchase for these investments. -

Calculate expected annual payments for mortgage interest, property taxes, and insurance. -

Expected Annual Payments for mortgage interest

Property taxes

Insurance

Calculate expected gross rents and net operating income. -

Expected Gross rent

Net Operating Income

Compare expected net operating income to your expected mortgage interest, property taxes, and insurance payments. -

Make conclusions as to whether these investments are profitable based on your analysis. -

935 Greenwood Ave NE purchase price $1,000,000

http://www.realtor.com/realestateandhomes-detail/935-Greenwood-Ave-NE-Apt-C_Atlanta_GA_30306_M58343-95280?row=24 Calculate the expected total cost of purchase for these investments. - 15 Points

Calculate expected annual payments for mortgage interest, property taxes, and insurance. -

Expected Annual Payments for mortgage interest

Property taxes

Insurance

Calculate expected gross rents and net operating income. -

Expected Gross rent

Net Operating Income

Compare expected net operating income to your expected mortgage interest, property taxes, and insurance payments. -

Make conclusions as to whether these investments are profitable based on your analysis. -