Five Richest Real Estate Investors In The United States

  1. Warren Buffett - Net Worth: $58.5 Billion
  2. Sheldon Adelson - Net Worth: $28.5 Billion
  3. Donald Bren - Net Worth: $8.1 Billion
  4. Stephen Schwarzman - Net Worth: $7.7 Billion
  5. John Menard - Net Worth: $7.5 Billion
 

Over 90% of millionaires became so through owning real estate.  ~Andrew Carnegie

Using the banks money to invest

Purchase Price: $67,800
Down Payment $13,560

Total Mortgage $54,240
Monthly Mortgage Payment: $343.15 (P&I)
Taxes: $156.00
Insurance: $33.00
Estimated Repairs: $66.58 per month
Estimated Annual Vacancy $74.55
Total Monthly Outflows: $673.28

Rent Income: $895

Monthly Positive Cash Flow: $221.72

Yearly Return  $2660.64

Total Investment $13,560

Annual Return On Investment  19.6%

Additional Benefits:

Average increase in value per year  2%

Tax benefits through depreciation

Diversified Investing

Home is paid off in 20 years

 

 

Using your money to invest

Purchase Price: $67,800

Total Investment $67,800
Taxes: $156.00
Insurance: $33.00
Estimated Repairs: $66.58 per month
Estimated Annual Vacancy $74.55
Total Monthly Outflows: $ 330.15

Rent Income: $895

Monthly Positive Cash Flow: $ 564.85

Yearly Positive Return  $6778.20

Total Investment $67,800

Annual Return On Investment  10%

Additional Benefits:

Average increase in value per year  2%

Tax benefits through depreciation

Diversified Investing

Home is paid off