Monthly rent:	$

Subtract: Costs now paid new QCD buyer:

Property Tax	$

Homeowner’s Insurance	$

Repairs and maintenance	$

(Condominium fee OR Water, Sewer, Trash)	$

Total ownership costs to now be paid by buyer	$

Amount remaining for Debt Service	$

for twelve months is:
Annual Available for Debt Service	$

Seller Proposed 30 yr. mortgage rate	$ %

(Click Here for the Current Mortgage Interest Rate which is a reference point.)

Valuation – Income Method	$

This Value is only the starting point to help the seller develop a price for offering the home for sale to a tenant, or to the general public. They should also consider the physical condition of the home and its systems.

Yearly Worksheet Form

Home Valuation from Calculator or Agreed Upon Price

Less: Down-payment

QCD^TM initial contract balance:

Annual fixed contract Interest Rate:

$ %

Term of contract 30-year amortizing (payoff).

Fixed Monthly payment for 360 months

Total amount of first year of monthly payments

First month principal reduction – paid-in equity:

First month interest payments:

Annual property taxes:

Annual homeowner’s insurance:

Repairs and maintenance

Condominium fee OR Water, Sewer, Trash

Total Annual Housing Cost

Monthly Housing Cost before any income tax savings