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MEET THE TEAM

Melrose Group Realty Professionals

Active profiles are controlled directly from the Broker-approved roster.

Ulysses A. Barnes, Jr.

BROKER / OWNER

Ulysses A. Barnes, Jr.

melrosegroupbroker@gmail.com

Service Areas: Greater New Orleans Metro Area and Surrounding Parishes

Focus: Investor, Buyer, Seller, Renter, Agents

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FINANCIAL PLANNING TOOLS

MelroseOS Calculators

Use these tools for preliminary planning only. Final loan, closing, tax, insurance, title and investment figures must be verified by the appropriate professional.

Mortgage Payment Estimate

Purchase Price Down Payment Interest Rate (%) Loan Term (Years) Annual Property Taxes Annual Homeowners Insurance Monthly Flood Insurance Monthly HOA / Condo Monthly PMI / Mortgage Insurance

Buyer Cash-to-Close Estimate

Purchase Price Down Payment Earnest / Deposit Already Paid Estimated Buyer Closing Costs Lender / Prepaid / Escrow Costs Seller / Other Credits

Seller Net Estimate

Estimated Sale Price Mortgage / Lien Payoffs Brokerage Compensation / Commission (%) Seller Closing Costs Seller Concessions / Credits Repairs / Other Known Seller Costs

Brokerage compensation is negotiable and is not set by law. Enter only the compensation applicable to the specific transaction being evaluated.

Investor Return Estimate

Purchase Price Renovation / Initial Improvements Closing / Acquisition Costs Down Payment / Cash Invested Monthly Gross Rent Monthly Operating Expenses Monthly Debt Service Expected Resale / ARV Estimated Selling Costs (%)

Rental Budget Planner

Monthly Gross Income Target Housing Ratio (%) Known Monthly Debts Other Monthly Housing Costs

Important: Planning estimates only. Loan payment or qualification must be verified by the lender; taxes by the appropriate tax authority or professional; insurance and flood costs by the insurer; title and closing figures by the closing professional; and investment assumptions by the client and appropriate advisors. Calculator output is not a guarantee.