Each of these three properties have their own page on this site. First time ever offered buy all three for total price of $124,000 net meaning the seller will pay the closing costs if all three are purchased. That bundled price saves you $5,000 off the already low prices for these properties.
The Net Operation Income is projected to be $17,664 which yields a 14.2% Net Cash on Cash Return.
Each of these properties is in an area where prices are increasing. By the spring, it is likely the total market value will be $45,000 higher which means this deal is like buying three and getting the equivalent of one free.
1. Purchase these in your self – directed IRA and all gains are tax free
2. Refinance in 4 or 5 months and get all of your capital back. Then you are paying $876.41 based on a 25 year mortgage at 7% (you may get a lower rate) So with no money in the deal at that point your net monthly cash flow is $595.59
3. Within 1-2 years sell the one property to the tenants who already want to sign a lease option agreement and receive over $60,000 when sold which is then used to pay down the note. We know the exact amount of the option price but we are reserving that information for qualified buyers.
Here are the Links to Three Properties
3812 155th St
3808 155th St
3791 E 149th St
Steve Pohlit, Managing Partner
Note: There are two homes available side by side. They are identical 3808 and 3812. Both have tenants and cash flow at 13.3% Net Buy one or both, refinance in the spring and get all of your capital back. Buy in your self directed IRA.
Turnkey Real Estate Property Available Now
Price $42,700 – Cash
These Deals Go Fast. Join Our VIP Buyers List To The Right Now!!
Total expected NET Cash flow year: $6,536.00 / Year or ROI 13.3/%
Cash flow starts right away – no waiting period
This is great opportunity for an Investor. Excellent House. Excellent Area Excellent Tenant
This house was renovated in 2013 .There is newer electrical, plumbing . New kitchen. New Hot water tank and New furnace . Wooden floor on the first floor in the spacious living room and dining room . Remodeled New bathroom and New kitchen and new floor . New Interior paint, excellent roof 6 years old only, new fresh paint in the finished basement and is used for extra living space in the house.
New hot water tank newer furnace and they are going to be serviced every year and keep them in excellent condition.
Property has been RENOVATED!!! Passed Every City Inspections.