Creative financing/subject to deal of a life time! This property is a perfect SRRRR or Sub-Tail strategy investment opportunity. This property is in good condition, located in a cul-de-sac in a great neighborhood. With just a few upgrades to the kitchen, floors (hardwood underneath the carpet) and master bathroom, this property can turn around and sell in the high 200k's. This property does not require flood insurance. Delivered vacant.
Total Liens: -$12,600
Closing Costs: -$2,500
Cash To Seller: -$2,000
Assignment Fee: -$8,000
Total Entry Fee: $25,100
Mortgage Balance: $178,000
After Repair Value: $290,000
Poss. Equity: $112,000
BDR/BTH: 4/2
Living SqFt: 1,916
Lot Size: 7,500
Year Built: 1965
