Offline$45,000.00
Park Hills Subdivision
Grandview Missouri
I have video, pictures, comps, taxes, insurance, closing costs, and rental information, Contractor bids, as well as and inspection report.
Property Details
Year Built: 1963
Square Feet: 1244
# of Bedrooms: 3
# of Bathrooms: 1 full 2 half
Property Taxes: $1811
Property Type: Single Family
Basement: Finished
Garage: 2 Car
ARV: $105,000 Low $127,000 with updates (granite, hardwoods, tile)
Tax assessment: $99,774
Estimated repair: $20,000-$30,000 (retail) $10,000 to $15,000 (Rental)
CASH FLOW OFFER FORMULA
** Calculate Per Month
Market Rent/LO $850.00
Property Management Fee ($60.00)
Insurance ($50.00)
Taxes ($150.00)
Vacancy Reserve ($50.00)
Marketing Reserve $0.00
Rehab Reserve $0.00
NET OPERATING INCOME $540.00
Desired Monthly Cashflow $258.00
OPTIMAL PAYMENT $282.00
INTEREST RATE %0.05
EARNEST MONEY $1,000.00
DOWN PMT - EARNEST $ $6,520.00
DOWNPAYMENT %0.10
FINANCED AMOUNT $67,680.00
OFFER AMOUNT $75,200.00 <------(Notice how high you can go)
REHAB (exterior paint) $15,000.00
CASH ON CASH RETURN 13.75%
PM me for more information:)
When you say thank you, you are telling the world that you want more. Say thank you every day! It will bring joy, and it will bring so much more.
Just trying to move it on the hot list
When you say thank you, you are telling the world that you want more. Say thank you every day! It will bring joy, and it will bring so much more.
www.virtue-investments.com
Do you have it under contract or are you deciding if you should?
Lenee
www.allstarhouses.com
~Act successful! And you'll draw it to you.~
~Every achievement, big or small, begins in your mind. It starts as a thought.~
Hey Lenee I will call you:)
When you say thank you, you are telling the world that you want more. Say thank you every day! It will bring joy, and it will bring so much more.
www.virtue-investments.com
Saw you were at it again. Thought you had this one set or did my memory fail and this is a new one. Anyway thought I'd help keep it up on top.
Michael Radtke
www.nationalpropertyscout.com
Slide Show:
www.nationalpropertyscout.com/Slide-Show.html
This is a second one in grandview
When you say thank you, you are telling the world that you want more. Say thank you every day! It will bring joy, and it will bring so much more.
www.virtue-investments.com
thanks Michael for your help
I appreciate it:)
When you say thank you, you are telling the world that you want more. Say thank you every day! It will bring joy, and it will bring so much more.
www.virtue-investments.com
Just an update This one is under contract and will be closing on the 18th
On to the next
When you say thank you, you are telling the world that you want more. Say thank you every day! It will bring joy, and it will bring so much more.
www.virtue-investments.com
Mabeka that's great keep it up!!!
http://kendrickpropertymanagement.com/
http://rochesterapartmentrentals.com/?page_id=10
CONGRATS Makeba!!!!!!!!!!! I am so happy for you!
Lenee
www.allstarhouses.com
~Act successful! And you'll draw it to you.~
~Every achievement, big or small, begins in your mind. It starts as a thought.~
Thank you so much Lenee and jim,
I have been working hard on this one.
When you say thank you, you are telling the world that you want more. Say thank you every day! It will bring joy, and it will bring so much more.
www.virtue-investments.com