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Drive by only NVESTOR ONLY, seriously POSITIVE CASH FLOW property, tenant in place thru June 30, 2012

From: Barbara J.
Sent on: Wednesday, July 27, 2011, 11:24 PM

 

INVESTOR ONLY, seriously POSITIVE CASH FLOW property, tenant in place thru June 30, 2012... CASH ONLY, must be prepared to make
good faith $1,500 deposit toward purchase price, be assignee on contract and close within 30 days...
email for more information, inspection, etc and I will answer any questions... I am not a real estate agent...don't wait, this property will sell fast,
screaming 26% return...

Here are the numbers:

Purchase Price     $20,899
Est closing costs       1,000
Taxes                           512
Est insurance              600
Hoa fees incl H20    2,232  sewer, trash, some HOA maintenance

Total 1st year invest  $25,243

Tenant paying $550 month = $6,600 yearly income.

$25,243 / 6600 = 26.14% cash on cash return 1st year.
Even if you hired a property manager to collect your rent and/or had any repairs and you allowed an extra $100 month,
then divide $26,443 / $6,600 = 24.95% 1st year ROI.

So if you like these numbers (And who wouldn't?) contact Marvin Flyer at[masked].
HURRY, this property will go quick!

Marvin Flyer
A Perfect Investment LLC
[masked]
[address removed]


Disclaimer:  All investments have some degree of risk.  It is your responsibility to do your own due diligence before investing any money.  The information provided is believed to be accurate, but your actual returns may be better or worse, depending on your own business savvy and other factors beyond any body's control.

The secret of success is to know something nobody else knows.  Aristotle Onassis



 

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