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For sale 2 days ago

$104,900

2 bd 2 ba 1344 sqft

245 S 56th St, Mesa, AZ 85206

Residential SFR Off MLS

Current Rent **

N/A

Projected Rent **

$850

Estimated Cap Rate *

Pro Only

Estimated Cash on Cash ROI *

Pro Only

Seller Will Finance - 2 bed 2 bath 3 car carport mobile home in Mesa

*** SELLER WILL FINANCE! 2 BED 2 BATH 3 CAR CARPORT MOBILE HOME IN MESA! *** 2 bedroom 2 bathroom 3 car inline carport Mobile Home in Mesa near Broadway Rd & Recker Rd. Ready to move in with a newer A/C unit (2 years), updated appliances and newly updated master bathroom. This home is available with seller financing, if you are ready to buy but not ready to qualify for a bank loan.

** PLEASE NOTE: ** If interested in this home, as a first step, please take 60 seconds and fill out the initial qualifying form found here:
https://hasslefreehouses.com/sellerfinancing/?245
Once we receive your info from the form we will be in touch to answer any questions that you have, and/or set up a showing for you.

Seller Financing Details:
* Minimum Down Payment: $22,000
* Total Move-in: $25,000 (down payment plus estimated closing costs and prepaid items)
* Loan Term: 10 years (30 year amortization with 10 year balloon)
* Monthly Payment: $745 (principal and interest)
* Total Monthly Payment: $841 (including principal, interest, insurance, and account servicing)
* Interest Rate: 9.99%
* APR: 10.13%
* Purchase Price: $104,900
* Buyer is responsible for lot rent of $1,010 per month, in addition to the mortgage payment. So the total monthly amount including lot rent and house payment is approximately $1,835.
* Buyer will need to qualify for lot lease, through the park management.
* No Prepayment Penalty
* Offered by: Geneva Real Estate & Investments (Broker)
* Nate Tanner, Realtor, Owner/Agent

** PLEASE NOTE: ** If interested in this home, as a first step, please take 60 seconds and fill out the initial qualifying form found here:
https://hasslefreehouses.com/sellerfinancing/?245
Once we receive your info from the form we will be in touch to answer any questions that you have, and/or set up a showing for you.

Home Details:
* Address: 245 S 56th St #75 Mesa AZ 85206
* Bedrooms: 2
* Bathrooms: 2
* Parking: 3 car inline carport
* Newer A/C
* Updated Appliances
* Newly updated master bathroom
* Workshop/Den
* Lot Rent: $1,010 (Includes HOA)
* Home Size: 1,344 square feet
* Offered by: Geneva Real Estate & Investments (Broker)
* Nathaniel Tanner, Realtor, Owner/Agent

** PLEASE NOTE: ** If interested in this home, as a first step, please take 60 seconds and fill out the initial qualifying form found here:
https://hasslefreehouses.com/sellerfinancing/?245
Once we receive your info from the form we will be in touch to answer any questions that you have, and/or set up a showing for you.

Location:

245 S 56th St, Mesa, AZ 85206

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* The cap rate and cash on cash return calculations found on BiggerPockets Listings are estimated and designed to be used for informational and educational purposes only, and when used alone, do not constitute investment advice. They assume 3 months worth of expenses and estimate taxes and insurance. BiggerPockets recommends that you seek the advice of a real estate professional before making any type of investment. The results presented may not reflect the actual return of your own investments. BiggerPockets is not responsible for the consequences of any decisions or actions taken in reliance upon or as a result of the information provided by these tools. Furthermore, BiggerPockets is not responsible for any human or mechanical errors or omissions.

** Current rent and projected rent are provided by the lister.

† Rental comps are pulled by looking at property characteristics (beds, baths, structure type), date the rent listing was captured, and proximity to the searched location.

‡ Confidence levels range from low to very high. Confidence is determined by the number of recent and relevant comparable properties for any given search. A very high confidence level indicates a high number of recent and similar rental listings.