SF with 80% Owner Financing in CT - Buy & Hold or Lease Option
Single Family Buy & Hold Contract in New Britain. First come First serve.
Property Info:
5 Bedrooms
3.5 Baths
2 car garage
3080 Sq. ft.
3 Fire Places
French Doors & Crown Molding
Move in Condition, the best part of New Britain, all work is done.
Close to Transportation and Shopping
This is well kept large house perfect for extended families.
Purchase Price $225,000
20% down - $45,000
Owner Financing Available for the balance of $180,000.
30 year Amortization
6% Interest
5 Year Balloon
Close in 30 days
Monthly P & I = $1079
Income & Expenses:
Rent: $2400
Mortgage: $1079
Taxes $621
Insurance $100
Net Income $ 600 / month
16% Annual Cash on Cash