Seller Financing - Great House for Rental - 15% Cash on Cash

[Austin Faux]

Great Property in Denver, Colorado area!  This house comes with seller financing available and a very low monthly payment around $759.51/m.  The rental range for houses in this area are about $1,800 to $2,000/m.

This house needs almost no rehab what so ever and could be rented in it's current condition.  The previous homeowners even started finishing the basement and got about 1/2 way done.  This is a very large house, in a very nice area just south of Buckley Air Force Base.

CALL US NOW AT: (303) 532-5600

Numbers:

1st Lien: Shell Point

Remaining Balance: $278,999.41

Monthly Payments: $697.51 (PI Only)

2nd: HOA

Missing Payments: $11,240.63

Monthly Payment: $62.00

3rd: Judgment (Calvary)

1 Time Only Judgement Amount: $1,066.79

Total Upfront Money: (Pays: 1st Reinstatement, HOA, Homeowner $, Assignment Fee) = $90,240.63

Total Monthly Payment for Subject-To = $759.51/m

Rent Ranges = $1,800/m to $2,000/m

CALL US NOW AT: (303) 532-5600

If you're interested in walking through the property we can arrange that.  But here are some pictures below:

I took these pictures when the homeowners where in the middle of packing and moving out.  The property has been cleaned out since the time I took these pictures.

CLICK LINK FOR MORE PICTURES --> https://drive.google.com/open?id=1VNiEcbjQFTF_W5gyVHoVHFr2A0m1RVG2

CALL US NOW AT: (303) 532-5600

[Wayne Brooks]

This post was a total farce/misrepresentation on it's face.

-assuming 1900/mo less $760/mo P&I=$1140/mo=$13,680....

Before tax and insurance, vacancies, repairs, capex. etc....an Easy $400/mo=$9280 NOI (10%)

More troubling, a P&I payment on the original $290-300k mtg, at 4% even, is over $1400/mo.

If there is a $697.51 P&I monthly payment, this Obviously due to some Loan Modification which is temporary, and obviously not disclosed.

Total Bush League.