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Property for Sale » United States » Pennsylvania » Philadelphia » Southwest Philly

Single unit Row home Philadelphia

Rehab Property

Listing Expired almost 2 years ago

List Price:

$27,600

XXXX Ithan St.
Philadelphia, Pennsylvania 19143 Get Map


Built 60 yrs
Posted November 18, 2009



Description:

This property is located in a nice Southwest Philly residential neighborhood

$77,000 ARV -$23,400 -30% Expenses -$25,000 Rehab (Licensed contractor’s Rehab quote available) ____________ $29,600 FPO Price is $27,600 (includes Assignment Fee) +$25,000 Rehab $ 52,600 In Money $1,300 Cash back at closing at 70% LTV $5,150 Cash back at closing at 75% LTV Rental $54,600 Amount financed 70% at 7% for 25 years $800 monthly rent (Per Local Property Management company) -$408 Monthly debt service -$169 Operating Expense ________________________ $251 Monthly cash flow $58,500 Amount financed 75% at 7% for 25 years $800 monthly rent (Per Local Property Management company) -$408 Monthly debt service -$169 Operating Expense ________________________ $223 Monthly cash flow Call Dave Eide at 609-417-6683 with any questions Dave Eide DaveEide@verizon.net E2C Property Investments LLC 617 Stokes Rd. Ste. 4-299 Medford, NJ 08055 Phone: 856-396-5150 Fax: 856-294-0993 Mobile: 609-417-6683