Property related Calculation?
Mr A, B, C & D shared and bought a Condo at SGD$800,000.
Each of them compensated SDG$50,000 = $200,000 (Down payment) and borrowed the outstaning SGD$600,000 from mound.
About 3 years latter, the price of Condo elevate up to SGD$4,000,000.
How much will Mr A, B, C & D respectively earn?
Answers:
You may also want to subtract the cost of the monthly pay and any repairs, give surrounded by any rental payments, and possibly adjust for other expenses also.
$4 million - $600,000 (balance) in trueness the balnce would be smaller number because you enjoy compensated it down.= 3.4 million within equity. $850k respectively character subtract the 50k within intial downpayment and respectively earn a $800k.
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Each of them compensated SDG$50,000 = $200,000 (Down payment) and borrowed the outstaning SGD$600,000 from mound.
About 3 years latter, the price of Condo elevate up to SGD$4,000,000.
How much will Mr A, B, C & D respectively earn?
Answers:
You may also want to subtract the cost of the monthly pay and any repairs, give surrounded by any rental payments, and possibly adjust for other expenses also.
$4 million - $600,000 (balance) in trueness the balnce would be smaller number because you enjoy compensated it down.= 3.4 million within equity. $850k respectively character subtract the 50k within intial downpayment and respectively earn a $800k.