GREAT STARTER HOME OR INVESTMENT PROPERTY FOR THE BEGINNING INVESTOR.4 Bedroom, 2 Bath Frame Bungalow Style Single Family with Basement. Close to Shopping, Park and Schools and major Roads.* The Numbers *Purchase Price: $6,700Rehab Cost: $25,000Operating Expenses: $3,547Vacancies / Maintenance: $1,710Rental Income: $ 950 per monthRental Income Per Year: $11,400NET Cash Per Year: $6,143Cash on Cash Return: 19%Act Fast this will be gone Fast. The first one with a signed contract and 2,000 earnest money gets the deal.Buyer pays ALL closing costs. Buyer will receive taxes prorated to 100 percent and free and clear titleRealtors add whatever fee you want.Proof of funds required for viewing.Please do your own due diligence.Do you know someone that would buy this deal please forward this to them and we do compensate for referrals.Do you need money? We have hard money lenders ready to lend. Call us for more details.
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