$39,600Asking price
Works for flippers
Works for landlords
Works for a flipper up to $52,000.
EZREICLOSINGS PROPERTY LIQUIDATIONS TEAM
Kristin Wright
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ARV $70,000
The sales behind this value are shown to members.
OFF-MARKET CONDO –
Affordable entry point for an investor looking to add a rental to their portfolio. This condo is being offered off market for $40,000. The Seller would like to remain as tenant paying $1000 a month.
Community Pool
RENTAL BREAKDOWN —
no repairs or cleanout needed- seller to remain.
Condo fee is $330 per month
$12,000k annual gross rent− $3960 annual condo fees− $$1,501.05 annual property taxes− $500 estimated annual insurance.
Annual NOI $5939
Payback period 6.7 years
Figures from the seller unless a line says otherwise. Verify before you close.
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