Beautiful house for lease to buy in great Lansing location. 4 bedrooms and 1 bath. 2450 Square Feet. Tons of storage space. 2 car detached garage and fenced backyard. Central Air and W/D already in unit. Newer furnace and water heater. Amazing kitchen and hardwood floors. Wonderful location in very sought after neighborhood. Great for commuting, still close to MSU and downtown. Minutes from 127 or 496! 3-5 Year Lease to Buy with negotiable down payment. Rent is $2000/month 1. What is the term? 3-year lease to buy 2. What is the purchase price? Will be based on the tenant/buyer's bank appraisal at time of purchase. 4. What is the down payment $5,000 due upon signing of lease to buy (or first month and second month) Also goes towards principle to be used towards purchase of house at end of lease. Will not be refunded if tenant/buyer fails to purchase house at end of lease. 5. How much of rent will go towards principle? Flat rate of 10% of rent goes towards principle. So for example $200 of the $2,000 monthly rent will go towards principle. This amount will be forfeited to owner should they not fulfill lease agreement term. Total amount towards principle in 3 years with rent would be $7,200
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