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100% Rented Investor special w/Seller Financing!!
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| Income Producing, New Orleans LA | |
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NO CREDIT, NO LOAN REQUIRED SELLER FINANCING 5K DOWN GETS YOU INSTANT CASH FLOW OF $382/MONTH
BUY ONE OR BUY ALL 4 FOR 16K (4k PER PROPERTY IF YOU BUY ALL 4) |
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| Price: | $66,000 | | Est Amount of Repairs: | $10,000 |
| After Repaired Value: | $110,000 | | Est of Taxes, Ins, Attorney: | $0 |
| Est Equity: | $34,000 | | Required Deposit: | $5,000 |
Contact Us About This Property
100% Rented Investor special - No Credit, no loan necessary - $5k Down gets you a fully rented Cashflowing double
2 Story Double 1 bed 1 bath (could be used as two bedrooms), 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 $618.01 and rents are $1,000. Immediate Cashflow of $382. 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 really money machine with no credit or loan required. Section 8 Fair market rents are 1 bedroom $881 2 bedroom $1,030 See the potential!
Description of Repairs:
Needs cosmetic touch ups to increase the rents. However, current tenants appear to be satisfied with the property as is for $500. Increase the rents, increase your cashflow.
WE HAVE 4 PROPERTIES WITH SELLER FINANCING BUY 1 FOR 5K DOWN OR ALL 4 FOR 16K (4K EACH IF YOU BUY ALL 4)
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Additional Photos (Click to Enlarge)
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Bedroom
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Kitchen
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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: | 2807-09 Danneel Street
New Orleans,LA 70115 |
| Bedrooms: | 2 |
| Bathrooms: | 2 |
| Vacant: | Yes |
| Rented: | Yes Rent Amt: 1000 |
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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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