$22,900 - Partially Rehabbed Bungalow!

[Jason Richardson]

We have a nice 2 Bed / 1 Bath home with great potential! This is a great opportunity for a first time home buyer or investor. Some work has already been completed on this property, saving you time and money to get this cash-flowing quickly. This property is located in a neighborhood that has stable home values, and is close to downtown and shopping.

Here are the estimated numbers, as a cash-flow property:

Monthly Income - $600
Yearly Gross Income - $7,200
Yearly Taxes - $1000
Yearly Insurance - $600
Yearly Management/Maintenance Fees - $1,320
Vacancy (8%) - $600
Yearly NOI - $3,680.24
Rehab Cost - $2,500
Closing Cost - $1000

All-In Cost - $29,500 (includes rehab)

FOR ONLY - $26,000

This deal won't last long. Contact us now!

Property Code: 1405FSB

Professional management and rehab services are available, and optional. Serious cash buyer inquiries only please. Buyer pays their side of closing costs (included in above estimate). We cannot guarantee the estimates shown above, as these are based on our due diligence. We recommend all buyers do their own due diligence prior to purchase.

Please visit our website for additional photos at:  www.lupainvestments.us