http://www.kyleshomes.com/homedeals.html
3 Bedroom 1 Bathroom - Rents for $850+/month
Asking Price: $30,000 Estimated rehab costs: $15,000
Home inspection and estimate ready to show, PLUS contractor in place and ready to start!
Estimated total costs: $45,000
ARV Estimate: $82,932.67 (based on solid and recent comps) This property sold in late 2006 for $160,531
Giving YOU ~$38,000 profit!
Not enough for YOU???
Refinance $60K at 7% interest and 75% ARV.
Instant Tax Deferred Payday of: $15,000 Rent: $850
Mortgage payment (incl taxes): -$475 Insurance: -$67 Total MONTHLY Cashflow: $308/month
That’s a cash-on-cash return of 41.5% just the first year
Cash buyers only
This is a great opportunity for easy money. Get instant equity AND monthly cashflow! Our reliable contractor and home inspector have already evaluated the property. It will need only $15,000 of work to appraise at about $85,000!
Out-of-State or New Investor? Let us walk you through the whole process at no additional cost! We can show you where to go to finance the deal and where to go refinance the deal (if you want to keep it for cashflow). Our power team is available to assist you. We have experienced and dependable contractors, property managers, and realtors ready to work for you! Or use your own team! You can't go wrong with this deal!
Contact kyle.haycock@zorelei.com immediately to view the comp report, more photos, and contractor estimate!
www.KylesHomes.com
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