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Updated almost 8 years ago,
SELLER FINANCING...Indianapolis Cash Flow Property Warren Twp#2
SELLER FINANCING
Nice rental property in Warren Township of Indianapolis.
Property is currently managed by Indianapolis Property Management Inc. IPM is willing to continue management at a rate of 8.5% per month of rent collected. You are not required to retain the management services of IPM.
Terms:
*Purchase price: $67,900
*Land contract for a 24 month term
*Down payment: $10,185
*$100 per payment received credited toward purchase price
*$55,315 balloon payment at contract end if all payments made as agreed
*Monthly payments: $574 (includes property taxes and insurance)
*Current monthly gross income: $800
Items available upon request to serious buyers:
1. Lease
2. Tenant Ledger
3. Expenses/Income for the year
4. Maintenance History
5. Rehab "Scope of Work"
Let me know if you have additional questions or would like more information.