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Updated over 9 years ago on . Most recent reply

$1100 per month positive cash flow. Rochester, WA
Purchase price: $150K (includes my assignment fee).
It's a 1 1/4 acre right off interstate 5 in Rochester, Washington.
Has a lease -option tenant who is the owner of the top soil business on that property.
8 more years left on 10 year lease option ($145k, 10 years, 9.5%) Lease-optionee also pays property taxes. Monthly payments to you are $1900 per month.
Get a 30-year bank loan at 5%, you’ll pay approx $805 / month.
That’s $1100 in positive cash flow per month.
Offering