Want to Buy My Lease Purchase Houses without paying 20% Down
Property #1
SOLD
SOLD
1508 River Rock Trace. Woodstock, GA 30188
This is a ranch style home that was originally built in 1986. House has 3 bedrooms and 2 bathrooms 1,728' of estimated living space.
In order to retail flip house will need an updated kitchen, updated bathrooms, new flooring, and fresh paint. Total Rehab Expense: $20k.
Tax Value of $140,300 with 2015 property taxes of $1,650. Property will make a great retail flip deal with strong ARVs of $180k.
Serious buyers only please!
BUYERS PLEASE DUE YOUR OWN DUE DILIGENCE
BUYERS PLEASE DUE YOUR OWN DUE DILIGENCE
SOLD AS IS.…It needs TLC.
Financial Information:
| Asking Price | Repairs | Value |
|---|---|---|
| $134,900/10% Down | Estimated $20k | Estimated at $180,000 |
POTENTIAL PROFIT:
| Total asking price: | $134,900/10% Dwn | Your purchase price |
| Potential payment per month | $1200 | Market rentals and comps |
| Interest rate based on credit | 8-15% | Owner finance term of 5-7 years |
| Annual taxes | $1,650 | This is will be added to payment |
GENERAL FACTS:
| ► 3 bedrooms | ► Great Flip | ► Hard Wood Floors |
| ► 2 bathrooms | ► Tons of Equity | ► Convenient location |
| ► 1,728 Sq Ft | ► Great Schools | ► Built in 1986 |
SCHOOLS:
| ■ High School | River Ridge |
| ■ Middle School | Mill Creek |
| ■ Elementary School | Arnold Mill |
