SUBMIT Proof Of Funds FOR ACCESS INVITATION
$115,000 ARV
$1,099.00/Month Rent
DO NOT DISTURB RESIDENT
About Repairs: Needs Foundation Work, Windows are boarded just because of Hurricane Precaution, Updated Paint Inside and Out.
How to Access Property: Buyer ACCESS By INVITATION Only Must Submit Proof of Funds. DO NOT DISTURB.
Miscellaneous: Never flooded, Roof and HVAC in great condition.
Buyer pays all closing costs except taxes or liens. Please perform your own due diligence.
$5k Cashiers Check to Fidelity National Title Agency Inc secures the deal along with sales agreement.
See attached Comparables.
comparative_market_analysis_20201005_093928
**WARNING ALWAYS CALL TO CONFIRM** FIDELITY NATIONAL TITLE – CLICK HERE FOR WIRE INSTRUCTIONS
| Asset Bucket | ||
| Rental | ||
|
Temp to Perm Refinance
|
||
| Gains and returns | ||
| Equity Capture Gain | $20,000.00 | |
| Projected Cash Flow Per Year | $5,196.00 | |
| Return on Capital by Equity | 130% | |
| Cash on Cash Returns | 33.9% | |
| Cash flow | ||
| monthly rent | $1,099.00 | |
| refi note payment | $428.28 | |
| 2nd Lien note Payment | $0.00 | |
| property tax | $165.00 | |
| property ins+HOA | $72.92 | |
| Property Management Fee | $0.00 | |
| Passive Net Cash Flow | $432.81 | |
| Self-Managed Net Cash Flow | $432.81 | |
| Cash out of pocket | ||
| hard-money cash to close | $17,037.00 | |
| hard-money holding cost | $1,587.00 | |
| refi cash to close | $0.00 | |
| 2nd Lien Financing | $0.00 | |
| refi cash back at closing | -$3,281.50 | |
| TOTAL | $15,342.50 | |