Shelly:
Ok, I'll take a stab at it.
Question: Is it possible to cash flow at recent auction prices?
Assumptions:
Purchase Price $359,500 (for 4BR as stated earlier in the thread)
20% down with a 30 YR FXD at 6.5%
Annual Mortgage Payment = $21,828 ($18,600 Int. + $3,228 Prin.)
Annual...