Beautiful home in Kohler that was 99% renovated with new drywall, electric, plumbing and interior finishes. This home features an open concept kitchen, dinning room and huge living room with gas fireplace and tons of natural light and natural maple flooring. There is first floor laundry and 1/2 bathroom with tons of storage. There are glass sliding patio doors from the kitchening dining area that leads out to a smaller fenced in yard and patio/deck. The 2nd floor bath features upgraded tile, skylight and Kohler Whirlpool tub and fixtures. The master bedroom and has two large closets. There is another good sized bedroom and one bedroom that is small. Brand new carpeting throughout the 2nd story. This home is available for a Rent To Own option or just as a rental. Rent is $1,500 to 1,600 per month. Very energy efficient with new windows, gas furnace and water heater. If just a rental, it is a 1 year lease, pets are ok but with approval and usually a pet deposit and or increase of $25 per month on rent. Security Deposit is $1,550. If you choose the rent to own option, I accept an Option to Purchase Fee in lieu of a Security Deposit. This fee is usually 5% of purchase price. This home will appraise at $199,000. I will sell it for $185,000. I would require $5,000 min. down, and then provide you 2-5 years to lease the property...with part of your rent going towards the Option to purchase price (i.e. thus, reducing that amount you would owe to purchase the property each and every month...just like it were a mortgage note and part of your payment went to principal and part to interest). With this option, I pay for the insurance and the taxes. you just are responsible for your rent payment. Thus, $185,000 - $5,000 down, leaves $180,000 owed for a purchase buy-out. If you stay 2 years and the paydown was $125 per month, then there would be another $3,000 paid off on the option to buy the property. During this option, you treat the home as if it were yours...meaning, you paint the colors, change anything you want in the home so long as it does not devalue the home. Tenants pays all utilities
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