Cash Flowing Townhouse 4 Sale Carson City NV

[Tim Farrell]

Key Facts:

Townhouse

3 Bedrooms

1 ½ Bath

1,240 Square Feet

Two Stories

Garage: Carport (2 Parking Spaces)

Built in 1975… Renovated in 2006

Heating: Electric

Cooling: None

Property Taxes: $338.36 P/Year

HOA $250.00 P/Month… Includes Water, Sewer and Trash

Anticipated Rehab Cost: $5,000.00

If used as a Cash Flow Rental. (For example purposes only)

Purchase Price: $84,900.00

20% Down: $16,980.00

Mortgage Amount: $67,920.00

Interest Rate 30 Year 4.35%

Monthly Payment $338.11

Monthly Property Tax $ 28.20

Monthly Insurance $ 41.00

Monthly HOA Fees $250.00

Total Monthly Cost $657.31

Monthly Rent $950.00

Monthly Cash Flow $292.69

Statement of Work Needed: (Approximately $5,000.00)

Interior Paint

Carpeting

Repair of one Electric Baseboard Heater Unit

Replacement of Stove and Hood

Resetting of some tiles in Main Shower (Along window sill)

Additional pictures can be view on Dropbox using the following url: