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Updated about 10 years ago on . Most recent reply
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CHICAGO - Invest $58,900 and Get a 6-Unit Building Producing $6,000/mo RENT???!!! (PARK MANOR)
NOPE. I am not kidding. Call me NOW at 714-270-6438 and let's DEAL.
Get this 6-unit BRICK building and use the financing of this company called CIC (Community Investment Corporation) so all you need is $58,900. You can rent each unit for $1,000/month for a total rent of $6,000/month.
CIC will give you the rest (80%) of what you need to make this building the cash cow that it should be. Get this - the interest rate CIC charges is ONLY 4.5%. Because of this superb financing, we estimate your cashflow to be around $1,900/month for a whopping 39+% cash on cash return.
Call me NOW at 714-270-6438 and let's DEAL.
The property needs a new back porch and a new roof (all these are included in the Sales Price below). Other than that, the building is SOLID and has good bones. Below is THE CASHFLOW ANALYSIS on it:
Call me NOW at 714-270-6438 and let's DEAL.