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To: Investor2 who wrote (12115)2/25/2000 3:57:00 PM
From: Boca_PETE  Read Replies (1) | Respond to of 15132
 
I2: On "Cash Flow Basis", you have a simultaneous cash disbursement for the price of the house and cash receipt for the amount of the mortgage note at closing of the purchase of your house. Then you have monthly cash disbursements for the mortgage payment covering principal pay-down and interest expense over the life of the mortgage.

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