All Forum Posts by: Nate Armstrong

Full Brochure Here

Please post below or PM me if interested

2148 Telegraph Rd Davenport IA

Multi-family 4 Units: 2- (1bed/1bath), 2 (2 bed/1 bath). 2945 sqft, built 1900 Closing date: 30 days

*Needs Rehab. **All Utilities Included in rent!

Zillow

County Assessor

Pictures

Scope of Work

Price: $125,000

Rehab: $25,000

Carrying Costs: $1,000

Closing Costs: $2,000

Total Turnkey Price: $153,000

ARV: $150,000

Rental Projections

Rent: $2400 (2 units-$650, 2 units-$550)

Taxes: $259

Insurance: $95

Maintenance: $120

Management: $192

Vacancy: $120

Lawn/Snow: $60

Electric/Gas: $150

Trash: $70

Net: $1,334

Monthly x 12= $16,010

Strictly COCR: 10.67%

Financed/Refinanced 75%

Down Payment: $37,500

Mortgage Interest Rate: 5%

Mortgage Amortization: 25 years

Mortgage Monthly Payment: $657.66

Net Cash Flow Less Mortgage: $676.50

Net x 12= $8,118

Financed COCR: 21.65%

Comps:

418 s Clark Ave Sold $227,881 10/15

Duplex (4/2) 2405 sqft

2 story frame built 1900

no garage/ basement

1 mile away

2638 Oak St Sold 150K 11/15

Duplex (4/2) 1872 sqft

2 story frame built 1966

2 car garage/ basement

2.2 miles

1807 N Elsie Ave sold 130K 9/15

Duplex (6/2) 2728 sqft

2 story frame/brick built 1976

2 car garage/ basement (part finished)

3 miles away

Comps on a Map:

Notes and Disclosures: The ARV (After Repair Value) is based on a broker's and/or Realtor's price opinion. The broker and/or Realtor is not an appraiser, and does not claim to be an appraiser. We are real estate investment service entities. We have provided the information within this brochure for the benefit of investors. Investors are encouraged to verify all estimations independently. We assume no liability, expressed or implied, for the accuracy of our estimations. We do not give authority, expressed or implied, to the recipient of this information to enter onto this property.

Full Brochure Here

Please post below or PM me if interested

508 s 8th st Burlington IA

Duplex Downstairs (2 bed, 1 bath), Upstairs (1 bed, 1 bath). 1768 sqft, built 1900, Closing date: 30 days

*Needs Rehab. **All Utilities Included in rent! Separate entrances for the first floor in the front and the second floor in the back off the deck.

Zillow

Trulia

Pictures

Scope of Work

Price: $40,000

Rehab: $35,000

Carrying Costs: $1,000

Closing Costs: $2,000

Total Turnkey Price: $78,000

ARV: $85,000

Rental Projections

Rent: $1200 (Downstairs: $650/ Upstairs: $550)

Taxes: $77

Insurance: $81

Maintenance: $60

Management: $96

Vacancy: $60

Utilities: $100

Lawn/Snow: $60

Net: $666

Monthly x 12= $7,989

Strictly COCR: 10.65%

Financed/Refinanced 75%

Down Payment: $18,750

Mortgage Interest Rate: 5%

Mortgage Amortization: 25 years

Mortgage Monthly Payment: $328.83

Net Cash Flow Less Mortgage: $336.92

Net x 12= $4,043

Financed COCR: 21.56%

Comps:

1436 s 5th st Burlington Sold 76K 11/15 (56.72)

3/1 1340 sqft

1.5 story frame built 1900

1 car garage/ basement

.9 miles away

1247 Madison ave Burlington Sold 70K 7/15 (43.75)

3/2 1600 sqft

1.5 story frame built 1890

1 car garage/ basement

.7 miles away

1607 South St Burlington Sold 65K 9/15 (44.98)

3/1.5 1445 sqft

2 story frame built 1890

2 car garage / basement

.8 miles away

Comps on a Map:

Notes and Disclosures: The ARV (After Repair Value) is based on a broker's and/or Realtor's price opinion. The broker and/or Realtor is not an appraiser, and does not claim to be an appraiser. We are real estate investment service entities. We have provided the information within this brochure for the benefit of investors. Investors are encouraged to verify all estimations independently. We assume no liability, expressed or implied, for the accuracy of our estimations. We do not give authority, expressed or implied, to the recipient of this information to enter onto this property.

4021 11th st Rock Island IL 61201

Right across from where a new Super Walmart is being built!

3 bed, 1 bath, 2 car garage, 1512 sqft, built 1910. Closing date: 4/11/16

Zillow

Trulia

Pictures

Scope of Work

Price: $28,000

Rehab: $35,000

Carrying Costs: $1,000

Closing Costs: $2,000

Total Turnkey Price: $66,000

ARV: $73,000

Rental Projections

Monthly Rent: $850

Taxes: $88

Management: $68

Vacancy Reserve: $43

Insurance: $68

Maintenance Reserve: $43

Net: $540

Monthly x 12: $6,484

Strictly Cash on Cash ROI: 10.29%

Financed/Refinanced 75%

Down Payment: $15,750

Mortgage Interest Rate: 5%

Mortgage Amortization: 25

Mortgage Monthly Payment: $276.22

Net Cash Flow Less Mortgage: $264.08

Net Net x 12: $3,169

Financed Cash on Cash ROI: 20.12%

Comps

3138 12th st RI Sold 72K 12/15 (48.06)

3 bed / 2bath 1498 sqft

1.5 story frame built 1945

1 car garage/ full walkout basement

.7 miles away

4212 12th st RI Sold $75,900 8/15 (57.24)

2/1 1326 sqft

1.5 story frame built 1910

2 car garage/ finished basement

.2 miles away

4411 9th st RI Sold $83K 4/15 (41.50)

3/1 2000 sqft

1.5 story frame built 1956

2 car garage/ finished basement

.4 miles away

Comps on a Map:

Notes and Disclosures: The ARV (After Repair Value) is based on a broker's and/or Realtor's price opinion. The broker and/or Realtor is not an appraiser, and does not claim to be an appraiser. We are real estate investment service entities. We have provided the information within this brochure for the benefit of investors. Investors are encouraged to verify all estimations independently. We assume no liability, expressed or implied, for the accuracy of our estimations. We do not give authority, expressed or implied, to the recipient of this information to enter onto this property.

Full Brochure Here

Please post below or PM me if interested

Full Brochure Here

Post below or email me if you are interested

911 Kirkwood Blvd Davenport IA 52803

4 bed, 2 bath, 1580 sqft, built 1900. Closing date: 03/31/16

Zillow

Trulia

Pictures

Scope

Price: $43,000

Rehab: $35,000

Carrying Costs: $1,000

Closing Costs: $2,000

Total Turnkey Price: $81,000

ARV: $90,000

Rental Projections

Monthly Rent: $1000

Taxes: $71

Management: $80

Vacancy Reserve: $50

Insurance: $85

Maintenance Reserve: $50

Net: $665

Monthly x 12: $7,977

Strictly Cash on Cash ROI: 10.23%

Financed/Refinanced 75%

Down Payment: $19,500

Mortgage Interest Rate: 5%

Mortgage Amortization: 25

Mortgage Monthly Payment: $341.99

Net Cash Flow Less Mortgage: $322.80

Net Net x 12: $3,874

Financed Cash on Cash ROI: 19.86%

Comps:

915 Kirkwood Blvd Sold $90,640 12/15 (49.97)

4/1 1814 sqft

2 story frame built 1924

no garage/ basement

56 feet away

1915 Eastern ave Dav Sold 85K 12/15 (63.24)

3/1 1344 sqft

2 story frame built 1915

no garage/ partial basement

.7 miles away

2340 Grand Ave Davenport Sold 113K 12/15 (74.44)

3/2 1518 sqft

2 story frame built 1915

no garage/ basement

.7 miles away

Comps on a Map:

Notes and Disclosures: The ARV (After Repair Value) is based on a broker's and/or Realtor's price opinion. The broker and/or Realtor is not an appraiser, and does not claim to be an appraiser. We are real estate investment service entities. We have provided the information within this brochure for the benefit of investors. Investors are encouraged to verify all estimations independently. We assume no liability, expressed or implied, for the accuracy of our estimations. We do not give authority, expressed or implied, to the recipient of this information to enter onto this property.

Full Brochure Here

Please post below or PM me if you are interested.

8707 E 114th Terrace Kansas City Missouri 64134

Great neighborhood, Low B Area!

Vacant!

3 bed, 1 bath, 1 car garage, 1008 sqft, built 1957.

Zillow

Trulia

Pictures

Price: $ 53,000

Carrying Costs: $1,000

Closing Costs: $2,000

Total Turnkey Price: $56,000

Rental Projections

Monthly Rent: $650

Taxes: $40.41

Management: $65

Vacancy Reserve: $32.50

Insurance: $60

Maintenance Reserve: $32.50

Net: $419.59

Monthly x 12: $5,035.08

Strictly Cash on Cash ROI: 8.99%

Financed/Refinanced 75%

Down Payment: $14,000

Mortgage Interest Rate: 5.5%

Mortgage Amortization: 25

Mortgage Monthly Payment: $257.92

Net Cash Flow Less Mortgage: $419.59

Net Net x 12: $1,940.03

Financed Cash on Cash ROI: 13.86%

Notes and Disclosures: The ARV (After Repair Value) is based on a broker's and/or Realtor's price opinion. The broker and/or Realtor is not an appraiser, and does not claim to be an appraiser. We are real estate investment service entities. We have provided the information within this brochure for the benefit of investors. Investors are encouraged to verify all estimations independently. We assume no liability, expressed or implied, for the accuracy of our estimations. We do not give authority, expressed or implied, to the recipient of this information to enter onto this property.

Full Brochure Here

Post below or PM me if you are interested.

1124 Cherokee St Leavenworth, KS 66048

Nice & quiet neighborhood. Great location for a rental home in Leavenworth! Fully rehabbed!!

3 bed, 2 bath, 1 attached garage, 1125 sqft, built 1985.

Zillow

Trulia

Pictures

Price: $ 59,000

Carrying Costs: $1,000

Closing Costs: $2,000

Total Turnkey Price: $62,000

Rental Projections

Monthly Rent: $825

Taxes: $40.11

Management: $82.5

Vacancy Reserve: $41.25

Insurance: $60

Maintenance Reserve: $41.25

Net: $576.39

Monthly x 12: $6,916.68

Strictly Cash on Cash ROI: 11.16%

Financed/Refinanced 75%

Down Payment: $15,500

Mortgage Interest Rate: 5.5%

Mortgage Amortization: 25

Mortgage Monthly Payment: $285

Net Cash Flow Less Mortgage: $576.39

Net Net x 12: $3.490.08

Financed Cash on Cash ROI: 22.52%

Comps*

See similar homes sold nearby (Zillow)

704 N 12th St, Leavenworth, KS

2 bed, 1 bath, 798 sqft

Sold 10/16/15

Sold for $64,000 (80.20 price per sqft)

2 attached garage

0.8 miles away

Notes and Disclosures: The ARV (After Repair Value) is based on a broker's and/or Realtor's price opinion. The broker and/or Realtor is not an appraiser, and does not claim to be an appraiser. We are real estate investment service entities. We have provided the information within this brochure for the benefit of investors. Investors are encouraged to verify all estimations independently. We assume no liability, expressed or implied, for the accuracy of our estimations. We do not give authority, expressed or implied, to the recipient of this information to enter onto this property.

Full Brochure Here

Post below or PM me if you'd like more information.

293 Harrison Ave. St. Paul, MN 55102

Price: $89,926

Zillow - has interior pics listed here too :)

Trulia

Post Rehab Photos

Rented: $950

Taxes: $73

Insurance: $56

Management: $76

Mt Reserve: $50

Vacancy Reserve: $50

Net: $645

25% down ($17,980) @ 5% over 25 years = $414

$231 Net Monthly = 12.32% RO

Property Brochure Here

Post below if you are interested or PM me.

10441 W Villa Ave.

Milwaukee, WI 53224

Available to purchase with financing

4 bedrooms, 1.5 bathrooms, 1120 sqft

detached garage, frame ranch, built 1973

Lease date: 12/1/2015-11/30/2016

Zillow

Trulia

Completed Rehab Photos

Repair List

Price: $115,000

Rehab: --

Closing Costs: $2,000

Total Turnkey Price: $117,000

ARV: $136,200

Comps

8350 N 106th Street. Sold 7/15 $140,000. ($122.81/sqft)4BR/2 full bathrooms, 2 half bathrooms, 1140 sqft Detached garage, brick and frame ranch, built 1972 Rental and retail upgrades throughout .2 miles away 10375 W Sylvia Street. Sold 11/15 $139,900. ($107.70/sqft) 3BR/1.5BA, 1299 sqft Detached garage, brick and frame ranch, built 1976 Property dated throughout, finished basement .2 miles away 10335 W Terra Ave. Sold 1/16 $140,800. ($125.83/sqft) 3BR/1.5BA, 1119 sqft Attached garage, frame and stone ranch, built 1969 Non-MLS sale, no interior pictures available .6 miles away

ARV $136,200

Map

Notes and Disclosures: The ARV (After Repair Value) is based on a broker's and/or Realtor's price opinion. The broker and/or Realtor is not an appraiser, and does not claim to be an appraiser. We are real estate investment service entities. We have provided the information within this brochure for the benefit of investors. Investors are encouraged to verify all estimations independently. We assume no liability, expressed or implied, for the accuracy of our estimations. We do not give authority, expressed or implied, to the recipient of this information to enter onto this property.

Happy Wednesday, Everyone! I'm hosting a free, live educational webinar tonight on closing deals. I've hosted one before on finding deals, so figured this would be a good topic as well. It's at 7:30pm CST and I would love to have you all on there. You can sign up at MidwestEquityPartner.com/Webinar.