This is a property for those of you who are ready to buy a great SFR investment property for cash flow and want to minimize the risk by having most of the work done for you! No traveling to locate a property, no haggling on price or auctions to attend, no worries of worse rehab than anticipated, no worries of liens on title and the list goes on. This is a great property in a nice area and vetted well to produce great cash flow for the investor, with little effort. This property is available for purchase price of $116,000. All rehab has been done or is being completed and has already been included in the purchase price and property will appraise as such. Title will be free and clear. Financing assistance is available, as well as property management. There will be a $3,995.00 coordination fee charged when purchasing this property. Fee will be part of closing costs and in addition to the purchase price of the property, along with any other closing costs. Example: If you are financing, min. 20% down payment of $23,200.00 with est. closing costs of $5,800.00 est. 5% closing and interest rate 5%, plus $3,995.00 coordination for a total out of pocket of $32,995.00. Assumptions:Down Payment: 20%Closing Costs: 5%Interest Rate: 5%Property Management: 8%Vacancy/Repairs: 10%Annual Appreciation yr 1-3: 5%Annual Appreciation yr 4-5: 5%Annual Rent Increase: 5%Closing Costs on Future Sales: 7.50%Financed Income Breakdown:Est. Monthly Rent: $1050 Monthly Principal & Interest: $498.17 Monthly Taxes: $122.25 Monthly Insurance: $70.83 PITI: $691.25Prop. Management 8%: $84.00 Est. Cash Flow yr 1: $274.75 Est. Cash Flow w/Vacancy/Repairs 10% yr 2: $212.80 Est. Cash Flow w/Vacancy/Repairs 10% yr 3: $258.00FOR MORE INFORMATION OR TO PURCHASE THIS PROPERTY PLEASE FILL OUT THE CONTACT FORM ON THIS SITE AND I OR MY PARTNER WILL BE IN TOUCH PROMPTLY. THANK YOU, JENIFER SMITHREAL ESTATE INVESTOR AND DEAL MAKER!The information and any statistical data contained herein have been obtained from sources which we believe to be reliable, but we do not represent that they are accurate or complete, and they should not be relied upon as such. All opinions expressed and data provided herein are subject to change without notice. Past performance is no guarantee of future results, and current performances may not be lower or higher than the performance data quoted. Results shown here are not typical, results will vary based upon real estate prices, interest rates, creditworthiness and many other factors.
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