Owner finance $120,000 5K down 30 year note 6% interest Your mortgage payment would be close to $690 a month Taxes this year are $254 a month I pay $54 a month for home owners insurance (yours may be higher or lower) Total estimated payment using these figures is $998 a month) 1500 SQFT Central AC/heat New fence just installed 2 story home Stained concrete Do not contact the tenant, meaning do not knock on the door. They do not need to be disturbed at this point, if you qualify you can enter the home with an appointment through me only. There is a tenant in the home that pays $1100 a month rent. Their lease is up on November 30th 2018. Collect the rent until then, renew the lease if you want at that time or move into the home yourself. The deed is in my name. The home is currently rented out until November you can still purchase this home. The new owner will have to abide by the terms of the lease meaning this tenant stays in there until the end of November. After that time, you can rent it out again to the same tenant,change tenants or live in the home yourself whatever you choose to do. You will collect $1100 rent as this is what the current tenant pays me today, this will become yours if you are the new owner of this home. If you are needing a place to live before November this may not be a home for you.
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