Description
INVESTOR ALERT----SELLER FINANCING at 4.75% with 10% down payment.30-year amortizing loan with 5-year balloon.SELLER FINANCING for turnkey rental at 4.75 %. Was completely rehabbed within the past 24 months (copies of permits available). Hookups for washer/dryer. Tenant currently paying market rent of $1550/month and wishes to stay. Tenant is OK with vacant property next door. DO NOT CONTACT TENANT!SELLER FINANCING DETAILS;Purchase price $119,500. 10% down payment ($11,950)+one point ($1,076). Tenant wants to stay and is OK with vacant property next door. $107,550 at 4.75%. Balloon in 5 years--optional extensions for additional fee. Taxes and insurance escrowed. Estimated funds needed to close will be ±$18,000 (includes $11,950 down payment+3 months of escrow+closing costs). Estimated total monthly payment (PITI) is $925--975
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3BEDS
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N/AACRES
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1BATHS
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01/2 BATHS
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824SQFT
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$145$/SQFT
Description
INVESTOR ALERT----SELLER FINANCING at 4.75% with 10% down payment.30-year amortizing loan with 5-year balloon.SELLER FINANCING for turnkey rental at 4.75 %. Was completely rehabbed within the past 24 months (copies of permits available). Hookups for washer/dryer. Tenant currently paying market rent of $1550/month and wishes to stay. Tenant is OK with vacant property next door. DO NOT CONTACT TENANT!SELLER FINANCING DETAILS;Purchase price $119,500. 10% down payment ($11,950)+one point ($1,076). Tenant wants to stay and is OK with vacant property next door. $107,550 at 4.75%. Balloon in 5 years--optional extensions for additional fee. Taxes and insurance escrowed. Estimated funds needed to close will be ±$18,000 (includes $11,950 down payment+3 months of escrow+closing costs). Estimated total monthly payment (PITI) is $925--975
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