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Friday, November 21, 2014

New Weekly Ad; Bedford Heights Hot Deal #1

This single family ranch style home features five total rooms. The upstairs offers a living room, three bedrooms, one full bath, a kitchen with a eat- in area. The basement offers a recreational area on one side and a laundry/utility room on the other. Property offers a two car detached garage and a nice back yard. The list price is $30,000, we placed an offer of $27,000. The property sold for $103,000 in 2003.

Property #’s Below:

Purchase Price ---------------------------------------------------$ 27,000

Rehab Cost ------------------------------------------------------- $ 25,000

Total Cost including rehab and purchase-------------------$ 52,000

After Expenses Projected Positive Cash Flow

Rent ------------------------------------------------------------$ 950

Prop Management ------------------------------------------- $    79

Taxes -------------------------------------------------------    $   168

Insurance ---------------------------------------------------- $    50

Positive Cash Flow ---------------------------------------- $   653

Call Brett 602-363-6551

You can loose money without a Realtor

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