🔥Subject-To Deal only $15k ENTRY FEE!🔐 100% Rent Ready 💥IMMEDIATELY ready to CASH FLOW!🔥

Winnebago County, Rockford, IL, 61108
Sold
Listed at: August 30th, 2022
Price
$89,000
ARV
$135,000
Gross Margin
$46,000
Sq. Footage
1586
Type
Attached
Parking
Attached Garage
Year build
1959
Lot size
6534.00 sqft
Bedrooms
3
Bathrooms
1
Half Bathrooms
0
Summary

🔥BUY THIS HOUSE SUBJECT-TO THE EXISTING MORTGAGE! TAKE OVER MORTGAGE AND IMMEDIATELY CASH FLOW! 🔥 OWNER OCCUPIED -VACANT UPON CLOSING - WALKTHROUGHS FOR SERIOUS OFFER/BUYER ONLY! CALL OR TEXT KATI TO MAKE AN OFFER! 805-232-4588🔥


☑️ PROPERTY TYPE: SINGLE FAMILY

  • 3/4 Bed - (3 permitted + 4th bedroom no closet -not permitted- but could be converted!!!!)
  • 1 bath
  • 1,586 sqft of living space
  • 6,534 Lot Size sqft!
  • Built in 1959
  • Owner Occupied - delivered VACANT upon closing
  • Attached garage + driveway
  • Full Basement (no water in basement or any flooding!)
  • Central air, forced unit heating
  • ARV $135 - 140+!!!
  • Zestimate®: $132
  • Property Taxes $2,818/year
  • BRAND NEW ROOF in 2019!!!
  • HVAC - 30 years old but completely redone and refurbished and works perfectly
  • BRAND NEW Water Heater 2018 - insured for 2 years
  • BRAND NEW Exterior Siding
  • Low maintenance vinyl siding
  • BRAND NEW WINDOWS 2020!
  • Tiled kitchen w/ oak cabinets & counter-tops installed 2010
  • BRAND New bathroom vanity, flooring & sink in 2020
  • Regularly serviced & maintained furnace
  • Lower Level has a workshop and rec room!
  • Plumbing, Electrical and Foundation all good!
  • NO REPAIRS NEEDED: Light update of cosmetics by preference, NO repairs needed!!! 100% Rent Ready!
  • PITI: with PMI = $904.57 (once 20% equity PMI no longer needed, will knock down $100+/month).
  • APR 4%
  • Could rent for $1,100-1,400/month!
  • $89,180 estimated amount remaining on mortgage
  • $15,000 Entry Fee Only!!!!
  • A. $8,000 Cash to Seller at Closing
  • B. $7,000 Assignment fee to us
  • C. Buyer pays all closing costs
  • Closing date: on or before 10/15
  • Non-Refundable EMD: $5,000
  • CLICK HERE for photo link: https://drive.google.com/drive/folders/1-WZGC43zIvc55GG4NP_o43gFPv9fSree?usp=sharing
  • The property is owner occupied. We'd like to have a serious buyer with a 99% accepted offer before we schedule a walkthrough so that we do not disrupt the owner multiple times. Call/text Kati to make an offer!: 805/232-4588


☑️ COMPS


-4 bd, 2 ba, 1,541 sqft

2927 19th Ave

Sold: $130,000 on 03/30/22

NOW Zestimate®: $136,100


-3 bd, 2 ba, 1,650 sqft

2929 Pleasant View Ave

Sold: $160,000 on 09/29/21

NOW Zestimate®: $175,000


-3 bd, 2 ba, 1,652 sqft

2344 Cornell Dr

Sold: $139,000 on 04/25/22

NOW Zestimate®: $144,000


-3 bd, 2 ba, 1,010 sqft

3307 Constance Dr

Sold: $145,000 on 10/18/21

NOW Zestimate®: $157,800


-3 bd, 2 ba, 1,704 sqft

2335 Wisconsin Rd

Sold: $132,000 on 10/28/21

NOW Zestimate®: $143,100


-2 bd, 2 ba, 1,438 sqft

2335 Richard Ave

Sold: $136,000 on 08/26/22





☑️ EXIT STRATEGY

  • Could rent for $1,100 - 1,400/month!
  • 100% Rent Ready and ready to cash flow!!!!
  • SUPER LIGHT updating to flip and resell!


WALKTHROUGHS FOR SERIOUS OFFER/BUYER ONLY!

CALL/TEXT KATI TO SCHEDULE

805-232-4588


There is more than meets the eye from the curb in this cape cod style home. Directly across the street from several elementary schools and middle schools. Near shopping and restaurants. 10 minutes from downtown Rockford, and 1.5 hours from Chicago. Buy this property subject to the existing mortgage. About $89,180 estimated left on mortgage. Entry fee of $27,500. PITI: with PMI = $904.57 (once 20% equity PMI no longer needed, will knock down $100+/month). APR 4%. Could rent for $1,100-1,400/month! Call or text Kati to make an offer and walk through 805-232-4588!

 💥

💪 YOU CAN CLICK THE 🙌 WIN IT NOW BUTTON AND AVOID ALL THE BIDDING (WHICH WILL HAPPEN ON THIS DEAL) AND 🔐 LOCK IT DOWN RIGHT NOW 💥



All deals cash or hard money only. I like to work with everyone which usually means if you're making money I'm making money...If you are a realtor, please contact us to discuss how we can get you paid! What I am selling is my assignable contract with the seller of the property. I am not a realtor nor do I portray myself as one. All properties require cash or a private/hard money loan in order to purchase - no conventional or FHA financing available unless otherwise indicated. All inspections must be completed prior to buyer signing the contract. All properties are sold as-is, where is. Buyer must complete all due diligence before submitting an offer and executing any contract. Buyers will need to provide a $5,000 non-refundable deposit at time of contract. Buyer will be responsible for all closing costs unless otherwise indicated. Closing is an assignment of our contract with the seller to the end buyer.


*WE DO NOT WORK WITH KEY GLEE OR NEW WESTERN, AND OUR ASSIGNMENT CONTRACTS ARE NON-ASSIGNABLE

Street View
Location
current deal
comparables
#2
available
$123k
sold
$99k
Bedrooms
Bathrooms
Sq. footage
Deals nearby
Available
Sold
Contact

Kati Olex

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