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SELLER FINANCING 5K DOWN AND CASH FLOW $394/MONTH
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| Income Producing, New Orleans LA | |
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SELLER FINANCING 5K DOWN AND CREATE INSTANT CASH FLOW OF $394 PER MONTH!! TOTAL OF 4 PROPERTIES WITH SELLER FINANCING BUY 1 FOR 5K DOWN OR ALL 4 FOR 16K (4K PER PROPERTY IF YOU BUY ALL 4) |
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| Price: | $83,000 | | Est Amount of Repairs: | $5,000 |
| After Repaired Value: | $120,000 | | Est of Taxes, Ins, Attorney: | $0 |
| Est Equity: | $32,000 | | Required Deposit: | $5,000 |
Contact Us About This Property
Two houses side by side, semi attached, Fully rented. Comes with Owner financing. $5,000 down and you can take over the payments of the current owners mortgage and get the title subject-to the mortgage. Immediate Cash flow. Monthly payments Principal, interest, taxes and insurance are $706.27 and rents are $1,100. Immediate Cashflow of $394. Owner pays water. Don't miss this opportunity!! Current tenants are month to month, so move them out if you want to up the rents. Can be a real money machine with no credit or loan required. Section 8 Fair market rents are 1 bedroom $881 2 bedroom $1,030 See the potential!
Cosmetic touch ups when current tenants move out to up the rents.
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Additional Photos (Click to Enlarge)
Side
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Back of Property
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Bedroom
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Bathroom
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Bathroom2
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kitchen
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kitchen2
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Living Room
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Related Documents
Lead Base Paint Addendum
Letter of Intent To Purchase
Purchase Pre-Qual
Hard Money Pre Qualification Worksheet
Listing Details
| Market: | SE |
| Address: | 4501-03 Majestic Oaks Drive
New Orleans,LA 70126 |
| Bedrooms: | 4 |
| Bathrooms: | 2 |
| Vacant: | No |
| Rented: | Yes Rent Amt: 1100 |
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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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