This is a four unit with all units being 2 bed 1 bath. Rent per unit is $550.00. The property is being totally renovated. We are selling it for $140,000.00 finished or $113,500 with a cash partner. We also would sell it for $73,000.00 if someone wants to buy it straight out, the contractor is in place for $45,000.00. Just two units up the exact same home is selling for $175,000.00 and 2 other units sold for $205,000.00.
Property break down. Taxes $93.00 Insurance $100.00 Property management $200 (all 4). Total $393.00 Total Cash Flow $1807.00 If you finance, 25% down $35,000.00 Loan amount $105,000.00 Payment $548.00 Plus $393.00= Total payment $941.00 Total cash flow $1,219.00 Also comes with 6 months rent guarantee and 12 month home warranty. http://www.vflyer.com/home/flyer/mls/home/3226548 Mandy George Office Manager Carolina Liquidator (803) 325-1925 alyssa8132...@yahoo.com www.carolinaliquidator.com