111 Clarkson Ave 4C Apartment for Rent Flatbush Brooklyn 11226 New York 9624564 | Ideal Properties Group

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MORTGAGE CALCULATOR

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BUY VS. RENT CALCULATOR

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HOW IS YOUR INCOME TAX RATE?

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I do not itemize.

Federal Tax Rate	Single	Married Filling Seperately	Married, or Qualifying Widow(er)	Head of Household
10%	Less than $8,925	Less than $8,925	Less than $17,850	Less than $12,750
15%	$8,926 to $36,250	$8,926 to $36,250	$17,851 to $72,500	$12,751 to $48,600
25%	$36,251 to $87,850	$36,251 to $73,200	$72,501 to $146,400	$48,601 to $125,450
28%	$87,851 to $183,250	$73,201 to $111,525	$146,401 to $223,050	$125,451 to $203,150
33%	$183,251 to $398,350	$111,526 to $199,175	$223,051 to $398,350	$203,151 to $398,350
35%	$398,351 to $400,000	$199,176 to $225,000	$398,351 to $450,000	$398,351 to $425,000
39.6%	More Than $400,000	More Than $225,000	More Than $450,000	More Than $425,000
If you itemize your tax deductions, you can probably deduct your mortgage interest and property tax payments. If you don't itemize, check the "I do not itemize" box. If you pay state income tax, add your marginal federal and state rates together.
Source: http://www.irs.gov/publications/p505/ch02.html

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Renting Costs
$3,246 / month

Buying Costs
$3,301 / month

Renting is 2% cheaper.

SUBMIT AN OFFER

Date*

Listing Agent*

Property *

Selling Agent*

Apt.# *

Asking Price

BUYER 1

Name*

Address*

Rent

Own

How long?

Employer*

Position*

Hire Date*

Annual Salary*

Annual Bonus*

Other Income*

Schedule C income if self-employed*

Total Income*

Are you purchasing on your own?

BUYER 2

Name

Address

Rent

Own

How long?

Employer

Position

Hire Date

Annual Salary

Annual Bonus

Other Income

Schedule C income if self-employed

Total Income

ASSETS

Cash in Banks *

BUYER 1

BUYER 2

Other liquid assets

Stocks/Bonds

Retirement Accts.

Real Estate owned

Other Assets

Total Assets

Combined Assets

LIABILITIES

Mortgages on Real Estate

BUYER 1

BUYER 2

Installment loans (e.g., auto)

Other accounts payable

Credit card balances

Unpaid taxes

Other debts

Total Liabilities

Combined Liabilities

Purchased Price Offered*

All Cash

or Financing:

75%

80%

90%

Other

Pre-Qualified:

Yes

No

Letter Attached:

Yes

No

Pre-Approved:

Yes

No

Letter Attached:

Yes

No

Contingencies:

Need to Sell First

Engineering Report

Gift

Other

Buyer bidding or planning to bid on more than one property?

Yes

No

Closing Date

Purchaser Signature

BUYER 1

BUYER 2

Please be advised that Ideal Properties Group LLC will cease all showings, as well as presentation of any offers made by any party only after the contract of sale for above referenced property has been executed. Ideal Properties Group LLC reserves the right to continue to show the above referenced property to any and all prospective purchasers after this offer form is submitted. Ideal Properties Group LLC reserves the right to hear, convey and present to seller any and all offers from any party after the offer is accepted by the seller.