$125,000Asking price
Works for landlords
Flippers would lose money
Works for a flipper at $105,000 or less.
THE REAL ESTATE DOCTOR
JASON WALSH
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ARV $140,000
The sales behind this value are shown to members.
Purchase Price: $125,000
Option Down Payment: 3% ($3,750)
Entry Fee: $8,750 Assignment & Lease Option Deposit
Monthly Rent: $1,100
Lease/Option Term: 3 years
Repairs: Buyer would be responsible for approximately $10,000 in work needed to get the property rent-ready.
Purchase Option: Buyer would have the right to purchase the property for $125,000 at any time during the 3-year term.
The buyer would be permitted to rent the property to a tenant during the lease-option period.
Figures from the seller unless a line says otherwise. Verify before you close.
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