This property is perfect for a homeowner looking for a deal. It can also be great for investors looking for more rental properties to add to their portfolio.
Purchase Price: $189,900
Finance 80%: $151,920
Invest 20%: $37,980
Interest 30yr fixed: 4.5%
2016 Taxes: $5,316
Insurance est.: $1,500 annually
PITI (mortgage): $1,337.75/month
Estimated Rent: $1,650/month (Click HERE for rental CMA)
Cash Flow: $312.25/month; $3,747/year
First year projected return: 9.86%
Estimated ARV: $227,000 (Click HERE for ARV CMA)
Click HERE to view listing with property details.
*Please do your own due diligence.