Archive for Listings

3812 Brooklyn Ave

3812 Brooklyn Ave

Property Features

3 Bedrooms
2 Baths
1228 sqft

 

Currently being rented for $625

APPRAISED VALUE
YOUR PURCHASE PRICE

$85,000
$55,000

 

INVESTMENT STRATEGY:

20% Down Payment
Loan Amount
Closing Costs

$11,000
$44,000
$3,400

Total Out of Pocket at Closing: $14,400
 

Mortgage payment (based on 7% interest):
Taxes and Insurance:

$293
$166

Monthly Costs: $459
 

Current Rental Agreement
10% Management fee
Actual Rental Income

$625
$63
$562

Monthly Cash Flow $103

ROI: 8.5%

 
 

             
 

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3337 Norton Ave

 

3337 Norton Ave

Property Features

2 Bedrooms
1 Baths
728 sqft
Lot size 8712 sqft

 

Currently being rented for $540

APPRAISED VALUE
YOUR PURCHASE PRICE

$45,000
$40,000

 

INVESTMENT STRATEGY:

20% Down Payment
Loan Amount
Closing Costs

$8,000
$32,000
$3,400

Total Out of Pocket at Closing: $11,400
 

Mortgage payment (based on 7% interest):
Taxes and Insurance:

$213
$100

Monthly Costs: $313
 

Current Rental Agreement
10% Management fee
Actual Rental Income

$540
$54
$486

Monthly Cash Flow $173

ROI: 18%

 
 

             
 

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346 & 348 Hardesty Ave

346 & 348 N. Hardesty Ave

Property Features

4 Bedrooms
2 Baths
2578 sqft
Lot size 4356 sqft

**Completely rehabbed with over $36,000 in improvements since September 2009.**

Currently being rented for $975

APPRAISED VALUE
YOUR PURCHASE PRICE

$110,000
$90,000

 

INVESTMENT STRATEGY:

20% Down Payment
Loan Amount
Closing Costs

$18,000
$72,000
$3,400

Total Out of Pocket at Closing: $21,400
 

Mortgage payment (based on 7% interest):
Taxes and Insurance:

$479
$169

Monthly Costs: $648
 

Current Rental Agreement
10% Management fee
Actual Rental Income

$975
$98
$877

Monthly Cash [...]

Virginia

3622 Virginia Ave

Property Features

4 Bedrooms
2 Baths
1556 sqft
4356 Lot size

**Completely rehabbed with over $20,000 in improvements since July 2009.**

Currently being rented to Section 8 tenant for $898

APPRAISED VALUE
YOUR PURCHASE PRICE

$80,000
$65,000

 

INVESTMENT STRATEGY:

20% Down Payment
Loan Amount
Closing Costs

$13,000
$52,000
$3,400

Total Out of Pocket at Closing: $16,400
 

Mortgage payment (based on 7% interest):
Taxes and Insurance:

$346
$145

Monthly Costs: $490
 

Current Rental Agreement
10% Management fee
Actual [...]

3812 Brooklyn Ave

April 19, 2010
by: admin • Listings

3337 Norton Ave

April 19, 2010
by: admin • Listings

346 & 348 Hardesty Ave

April 19, 2010
by: admin • Listings

Virginia

December 5, 2009
by: admin • Listings

3225 Holmes

April 19, 2011
by: admin • Uncategorized

3812 Brooklyn Ave

April 19, 2010
by: admin • Listings

3337 Norton Ave

April 19, 2010
by: admin • Listings

346 & 348 Hardesty Ave

April 19, 2010
by: admin • Listings