This Nice Single Family 3 Bdrm, 1 bath home with a nice Living Room, Dining Room & Kitchen and has recently been rehabbed to include the following updates:
* Brand New 30 yr Architectural Roof (Full Tear Off!);
* Brand New Circuit Breakers;
* All New Electrical Outlets;
* Brand New Pex Plumbing;
* Brand New Hot water tank;
* New Vinyl Kitchen Floor,
* New Vinyl Dining Room Floor;
* New Vinyl Bath Room Floor;
* All New w/w Carpet throughout all remaining rooms;
* New Kitchen Sink & Faucets; and
* All New Interior Paint Throughout;
Additionally this exterior of the home is Maintenance Free with brick an aluminum siding, a Good Size Back Yard, Driveway and Garage.
This Property Is A Steal
I Am currently selling this home for
$24,997 with owner financing
$19,997 All Cash ($5k DISCOUNT!!!)
** When Paying All Cash: Your Positive Cash Flow would be $11,404. & your Net Return on Investment would be 57.03%.
** When Using Seller Financing: Your Positive Cash Flow would be $7,360.33. & your Cash on Cash Return on Investment would be 33.2%.
Both are Amazing!
The terms of the owner financing are as follows:
*Down Payment: $9,997
*Monthly Payment P&I: $337
*Amort: 4 yrs.
*Term: 2 yrs with 1 yr. Extensions.
*Interest Rate: 3.7%
We are taking applications for the purchase of the property. We will be selecting the applicant who can afford the property & who has the ability to take care of the property. Although the financing approval will not be credit based, we may require an updated credit report.
Anyone who has all cash goes to the top of the list.
Anyone who can close quickly (7-14 days)
Will Receive Additional Consideration With Pricing.
This property is a great Investment opportunity or a Great easy Owner Occupied opportunity. We have a number of prospective tenants who expressed an interest in renting the property or using it as a shared Christian Men’s Home or shared Christian Women’s Home where the Gov’t pays landlord directly $440 per month per person. With 3 bedrooms that’s $1,320. If You want us to pass on the shared men’s home & shared women’s home tenant info to you, or assist in getting them in for you, we are willing to do so as we have many set up like this in our holding portfolio. This way you can realize an immediate turn-key free profit, at no additional cost. Otherwise…
You Can Rent It, Resell It, Or
Live In It Yourself!
**The neighborhood is Rated a 6.75 (on a scale of 1-10, with 1 being worst and 10 Being Best). 6, 7 & 8 neighborhoods are all neat, will provide you easy rent-ability, top market rent and great atmospheres for your tenants.