4Plex - SOLD 3 - 1BR, 1BA 1 - 2BR, 1BA 100% Occupied Gross rent: $1550/month 3 units - 6 months left in lease 1 unit - just got rented month to month Total Expenses: $868.00 Average cash flow: $682/month after expenses
Property management in place for 10%
Utilities are not individually metered Will need a roof in about 3 years.
Special price: $29,997.00 26% Return on Investment
3BR, 1.5BA 1183 Square Feet Built in 1967 2 car Car Port Garage converted to den and workshop Fenced back yard Back Patio and Storage Shed Washer/Dryer hookups in garage/den
Tenant Buyer in place Lease Payments: $775.00/month Mortgage Payments: $637.91 which includes taxes and insurance Cash Flow: $137.09/month
Lease Option Price: $90,000.00 Present Principal Balance: $72,475.00 Interest: 6.5% Remaining term: 26 years, 1 month on 30 year loan
Tenant Buyer is responsible for all upkeep and repairs on the property
Assign over for $5,000.00 and take over payments
Set up in an escrow account Taxes: $997.00 Hazard Insurance: $454.00
Also: Gas water heater, ceiling fans, dishwasher, garbage disposal, vent hood
No available pictures at the moment. Are you ready to purchase this property? Need more info? Please contact Rosanne at rcellini@gmail.com
