Summary
WALKTHROUGH THURSDAY 4/13/23 615PM SHARP!
🏠GET INTO YOUR NEW INVESTMENT PROPERTY WITH LITTLE DOWN, NO CREDIT CHECK AND NO BANK FINANCING! 🤑
CASH FLOW WITH 10 - 20% CASH ON CASH RETURN!
TERMS OF THE DEAL:
- This is a "subject to" transaction
- Total Cash to Close = ~2k down payment + assignment fee + closing costs
- Buyer will take over 1st position mortgage @5.25%, $1,439.88/mo payments PITI
- ~$211,610 outstanding principal. NO BALLON (loan matures in 2052)
- NO PREPAYMENT PENALTY
- Purchase Price = $220,000
INSPECTION REPORT AVAILABLE
3D WALKTHROUGH: https://app.docusketch.com/portal/tour/Poh73r1I
Your Offer should include what assignment fee you are willing to pay over and above the ~2k down payment. Any questions, please ask TIM at 208-252-5389
- 1930 Build
- ~688 sqft each unit
- 2bd 1bth
- CASH FLOW OPPORTUNITY!!
- Rent-Ready (Minimal Repairs Needed)
- Separate entrances and no way to access downstairs from inside the upstairs unit
- Formerly rented for $1700 to the same family to use both upstairs and downstairs
- Next door neighbor with the same layout rents the the house out for $2,200
- UPPER UNIT: 2 bed, 1 bath upstairs, plus one office. Has washer and dryer hookup in mud room.
- LOWER UNIT: 2 bed, 1 bath downstairs, plus one office. No wash/dryer hookup.
- 1 thermostat upper unit that controls the heating system for both
- 2 separate water heaters
- 1 water meter
- 1 electricity meter
- 1 gas meter
Documents
Street View
Location
current deal
comparables
available
sold
#2
$123k
$99k
Bedrooms | |
Bathrooms | |
Sq. footage |
Deals nearby
Available
Sold