买房，卖房的盈利
| Cost | Price | Income | Price | |
| Down payment | -35000 | Seller credit | 3000 | |
| Purchasing closing cost | -2867 | Price difference+down | 155000 | |
| Rehab | -10000 | 9 month Rent income | 19800 | |
| Repair | -2500 | Half month rent | 1000 | |
| Stove | -450 | Security Deposit | 2000 | |
| Water heater | -600 | |||
| Electric wire | -8300 | |||
| Drywall repair | -700 | |||
| 13 Mortgage payments | -20667 | |||
| Selling closing cost | -1154 | |||
| 1031 exchange fee | -1500 | |||
| Utilities | -580 | |||
| Total of Cost | -84318 | Total of Income | 180800 | |
| Profit | 96482 |
1031 exchange前后对比
| Before 1031 | Purchase Price | PITI | Rent | Raw cash flow | Annual CF |
| Disposition property | 175000 | 1590 | 2200 | 610 | 7323 |
|
After 1031 |
|||||
| Replacement property 1 | 201400 | 1213 | 2425 | 1212 | 14548 |
| Replacement property 2 | 140000 | 811 | 1685 | 874 | 10486 |
| Replacement property 3 | 110000 | 259 | 1300 | 804* | 9652* |
| Total | 451400 | 2283 | 5410 | 2891 | 34686 |
每年的现金流对比 34686/7323=4.74。现金流增加374%. 每年现金流增加了$27364，回报比以前高很多的其中一个原因是原来是15年的贷款。而后面的2个房子是30年贷款。
* 算的是 cash flow/110*85, 目的是排除现在的追加资金后的回报。
后续的计划是 refinance property 3. 再买2个房子，继续扩大杠杆。
