3 bedroom, 2.5 bath, minor repairs. Buy Subject to existing liens. Also willing to partner with another investor.
Repairs Needed
Interior Paint
Carpet
Cleanup
Minor Tile Work
Landscaping
Financing
Mortgage balance $115k
Repairs $5k
Cash to seller $5k
Terms, 30 yr, fixed, $900 month, rent $1,200
Potential profit $29,000
Recent Sales
Address Sold Sale Price Bed Bath Dist
483 Mephisto Cir 8/8/08 $165,000 3 2 0.37
395 Sterling Hill Dr 6/10/08 $165,000 3 2 0.39
340 Sterling Hill Dr 9/10/08 $162,900 3 2 0.47
540 Sterling Hill Dr 10/9/08 $151,000 3 2 0.30
1210 Alexander Ct 6/3/08 $149,900 3 2 0.02
1271 Appian Way 3/25/08 $147,500 3 3 0.20
