CALL NATE 838-250-6539

6 HOUSE SELLER FINANCE PORTFOLIO IN BATON ROUGE

Total Purchase Price: $1,190,000
ARV: $1,470,000

ENTRY FEE: $40,000 (DOWN TO SELLER + ASSIGNMENT)
$1,150,000 at 5.5%
10 year balloon

PI: $6245.68
TI ~$1972
TOTAL PITI: ~$8217

CURRENT RENTS: $10,566
MARKET RENTS: $12,500

3023 Cedarcrest Ave, Baton Rouge, LA 70816
5 Bed, 2.5 Ba, 2700 Sq Ft
ARV - 245k+ (Worth more, Unique property in neighborhood, Comp I found was only a 3 Bed, 2 Bath and 700 less SF than subject property)
Condition: Could use cosmetic update and roof
Rent: $2100/Month
Market rent: $2500

10926 Ellsworth Ave, Baton Rouge, LA 70816
3 Bed, 2 Ba, 2000-2500 Sq Ft (Redfin/Zillow Different Info)
 ARV - 245k
Condition: Could use cosmetic update and roof.
Rent: $2100/Month
Market Rent: $2300

12322 Shireburk Ave, Baton Rouge, LA 70810
4 Bed, 2 Ba, 2181 Sq Ft
 ARV - 310-330k 
Condition: Light cosmetic update.
Rent: $2184
Market Rent: $2400

46520 Cote Ct, Hammond, LA 70401
ARV - 225k (Comp was sold more than 1 year ago, nothing more recent)
Condition: No update needed. No Repairs.
Rent: $1425 
Market Rent: $1700

11004 Ellsworth Ave, Baton Rouge, LA 70816
ARV - 195-200k
Condition: Light cosmetic update.
Rent: $1240 
Market Rent: $1800

12231 Tallow Ridge Dr, Gonzales, LA 70737
ARV - 225k (Comp was sold 2+ years ago, nothing more recent)
Condition: No update needed, No repairs
Rent: $1517
Market Rent: $1800

Serious inquiries only

Summercrest Capital LLC
838-250-6539