TOLEDO INVESTMENT DEALS - New Property Deal
SEE HERE:
http://www.youtube.com/watch?v=xjQ3YXRi8m0
346 Kingswood Trail
Purchase price: 25K
Repair cost: 8K
Area Comps: mid 40's for a foreclosure and 70K for a retail ready home Located in Rogers School District
Area rents: $600 to $700
Insurance: $440/yr – estimate
Taxes: $1310/yr
Tax value: $64,100
Total Investment $33K / $64,100 Tax Value= 51%LTV
$7800 yearly rent / $33K Total Investment= 24% ROI
$650/mth Rent – $375 Mortgage Payment (PITI)= $275/mth positive Cashflow
$64,100 Tax Value – $33K Total Investment= $31,100 Potential Equity
PURCHASE PRICE: $25,000
This won't last long so dont delay, watch the video!
needed repairs:
1 window replaced over the sink
1 pane of glass replaced in the sliding glass door
Roof work due to a small whole on the rear side of the roof about the size of a softball
Attic insulation
Plumbing needs replacing – all plumbing in 1 area and easy to get to
Painting on the inside
Screen door repair
Carpet cleaning
Hot water tank
Furnace need to be look at
New interior and closet doors
Light fixtures
Kitchen cabinets need repair and new hardware
Dry wall in hallway to bedrooms
Small deck will need cleaning and staining
Exterior door on the inside the leads from garage into the main house
Grills for heating vents
A good cleaning
Some minor landscaping
contact me at john@toledoinvestmentdeals.com
* Please do NOT contact this lister about other services, products or commercial interests.
