Home price in 2007 = $237,000Now: Buy it from the Government for $145,5004 Bed, 2.5 Bath 2160 sqft, with big fenced in yard, nice hardwood floors, and a great family neighborhood!
This home would make a terrific cash flow investment for you. Check out these ProForma Estimates:
Pro-Forma Estimate- Fannie Mae Foreclosure - 10% Down Loan Avail.
Investor Purchase Price: $ 145,000.00
Tenant Purchase Price: $ 175,000.00
Contract Length: 24 Months
Monthly Net Cash Flow: $ 126.61
Buying Closing Costs $ 2,830.00
Down Payment to Lender $ 14,500.00
Net Profit $ 21,458.63
CAP RATE 11.5% CASHFLOW ROI 18%
Total Cash on Cash ROI 124%
This home is an excellent investment for your portfolio.
Contact me any time for an Investment / Wealth Management Consultation.
Your Source for Real Estate Investments that pencil,
Mike Turner - Sure Capital Investments, LLC
http://www.boiseinvestmentdepot.com/http://www.cashflowboise.com/Phone: 208-287-6598
Info@BoiseInvestmentDepot.comP.S. Call Me for all the details including a full cash flow analysis and 2 year pro forma on this property. 208-287-6589
P.S.S. How are your investments doing? How do we get such good returns? Call Me 208-287-6589, I will tell you.
P.S.S.S. Haven’t used our services before? Would you like to speak with some of our Investor Clients? No problem. I have many happy investor clients you can speak with any time.