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Use the following property as your investment vehide: 109 47h St NE, Marysville, WA MLS# 1638872. Purchase Price: 5600,000 1. Analyze the potential return on

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Use the following property as your investment vehide: 109 47h St NE, Marysville, WA MLS# 1638872. Purchase Price: 5600,000 1. Analyze the potential return on a multi-family residential real estate purchase, rental and eventual sale. 2. List and briefly explain the documents that are needed to: A) Make an offer B) Apply for Financing C) Complete Financing 3. Assuming that you make a 30% down payment, and finance the remaining 70% of the purchase price, what will the amount of the monthly principal and interest be? 4. How are financing requirements for a rental property different from buying a primary residence? 5. What documents will you need to rent to tenants? Are there any licensing requirements in Washington state? If so, what are they? 6. How will you know how much to charge for rent? How are you going to market your property (find new, desirable tenants)? 7. How can you protect yourself from bad tenants? 8. How much will it cost to maintain the property over time? How did you determine this? What other expenses will you have? 9. Given your assumed rental income and annual expenses, what will your cash flow be in 2021? Use the following property as your investment vehide: 109 47h St NE, Marysville, WA MLS# 1638872. Purchase Price: 5600,000 1. Analyze the potential return on a multi-family residential real estate purchase, rental and eventual sale. 2. List and briefly explain the documents that are needed to: A) Make an offer B) Apply for Financing C) Complete Financing 3. Assuming that you make a 30% down payment, and finance the remaining 70% of the purchase price, what will the amount of the monthly principal and interest be? 4. How are financing requirements for a rental property different from buying a primary residence? 5. What documents will you need to rent to tenants? Are there any licensing requirements in Washington state? If so, what are they? 6. How will you know how much to charge for rent? How are you going to market your property (find new, desirable tenants)? 7. How can you protect yourself from bad tenants? 8. How much will it cost to maintain the property over time? How did you determine this? What other expenses will you have? 9. Given your assumed rental income and annual expenses, what will your cash flow be in 2021

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