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Turnkey Rental with Seller Financing & 15k Equity!
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| Income Producing, Dayton OH | |
Sold |
TURNKEY RENTAL WITH SELLER FINANCING!!!
NO LOAN NO PROBLEM, ADD THIS PROPERTY TO YOUR PORTFOLIO WITHOUT THE HEADACHE OF DEALING WITH ANOTHER LENDER |
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| Price: | $55,000 | | Est Amount of Repairs: | $0 |
| After Repaired Value: | $70,000 | | Est of Taxes, Ins, Attorney: | $0 |
| Est Equity: | $15,000 | | Required Deposit: | $5,000 |
Contact Us About This Property
TURN KEY RENTAL WITH LITTLE NEEDED!
A great property that has been completely overhauled. It has a new roof, kitchen, bathrooms, flooring and the vinyl siding and windows are only a couple years old. The furnace and water heater have been recently updated as well and a new A/C unit was installed in spring of 2008. The two car garage and fenced back yard make this one a breeze to rent.
This home will rent for $650-695 per month with tenants paying all utilities. Check out the numbers:
We require 10% down but if you can put more down we can probably reduce the monthly interest rate. The balance will be held on a recorded land contract for 2 years and the monthly payments will be 9% interest only payments.
Down Payment Required: $5,000
Remaining Principle: $45,000
Monthly Payments: $337.50
Taxes: $108
Insurance: $40
Gross Rental Income: $675
Total Expenses: $485
Net Cashflow: $190
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Additional Photos (Click to Enlarge)
Related Documents
Lead Base Paint Addendum
Letter of Intent To Purchase
Purchase Pre-Qual
Hard Money Pre Qualification Worksheet
Listing Details
| Market: | Anywhere in USA |
| Address: | 2321 Newport Ave
Dayton,OH 45405 |
| Bedrooms: | 3 |
| Bathrooms: | 1.5 |
| Vacant: | Yes |
| Rented: | No |
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Contact information:
 | Bryan Holmes
707-534-1577 ext. 107
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Additional Comments:
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How to Buy
To put this property under contract please download the Contract Package (see Related Documents above). Fill out and send back to us along with the required deposit.
* All properties Subject to errors, ommissions, deletions, additions, cancellation, financing qualification if applicable and prior sale. All properties sold as is, where is with absolutely no representations written or oral. Buyer is to do their own independent due dilligence. Property will not be considered under contract until signed contract and deposit received with all contingencies removed.
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