COMPLETELY REMODELED 2-STORY TOWN HOME Built 1982, Remodeled 2018. Excellent Condition. All new windows, roof, vinyl siding, floor coverings, paint, All new appliances included. Fenced backyard and 1-car detached garage. cheaper than rent, average rent in Earlham for 3 bedroom home with a garage is $ 750-800.00 per month. TO OWN, 30 year loan at 6% equals monthly payment of principal and interest of $ 556.98 per month, plus taxes of (est) $133.88 per month plus insurance (est) $ 45.00 per month for a total of $ 735.86 per month CHEAPER THAN RENT. Taxes are a credit on income tax and can result in a refund. INVESTOR, rental income $ 800.00 per month equals $ 9600.00 less taxes (est) 1606.00 and less insurance (est) 540.00, less maintainence $ 1200.00 equals net of $ 6254.00, using a capitalization rate of 6% equals value Of $ 104,233.34. MAKE 6% ON YOUR MONEY. CALL FOR A PRIVATE VIEWING KRESS REALTY JIM KRESS (515) 975-3283 (515) 758-2626 This information, although believed to be correct, should be verified with a personal inspection.
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