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Wholesale Lead - Posted on Tuesday, June 19, 2007
Address of the property:
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City/State/Zip:
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Is The Property Currently Listed With A Realtor:
Type Of Property:
Number Of Bedrooms:
Number Of Bathrooms:
How Many Square Feet Is The Property:
Please List Any Other Features Of The Property:
Refined Properties is excited to announce the sale of an excellent cash flow Single Family Home located at 1617 Ohio, Gary, Indiana. This is a 3 bedroom home which is offered to investors for $53,000.This house is currently rented for $650/month. We will continue to manage the property for the Investor.
The Property Is Currently:
Does The Property Need Any Repairs:
What Repairs Are Needed:
Property has been completely rehabbed.
Estimated Expense of Repairs:
Estimated Value Of The Property After All Repairs(ARV):
How Did You Arrive At This Value:
Please Describe The Terms Of Sale To Other Investors:
Cash will be considered first. Financing available through local mortgage broker.
Your Asking Price:
Total Mortgage Balance:
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Are The Monthly Payments Current:
List Any Other Liens Against The Property:
n/a
Please Provide Us With Any Other Information You Think We Should Consider:
With 20% down and at a 7.3% interest rate this property will generate a Cash on Cash return of 18.3% (after PITI & Property Management expenses). This property will appraise for approx. $67,000 which will give instant equity of $14,000 to the investor. The property is currently rented, and can be managed by our company. After all expenses are paid this property will cash flow $185/month.
Seller's Contact Information:
Name :
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