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Updated about 10 years ago on . Most recent reply

User Stats

624
Posts
274
Votes
Ruth Bayang
  • Investor
  • Kent, WA
274
Votes |
624
Posts

Cash flow rental - Pittsburgh area - OWNER FINANCE

Ruth Bayang
  • Investor
  • Kent, WA
Posted

4 bedroom, 1 bath house. 

Remodeled in 2013 (new roof on garage and roof)
1500 sf

Rents for $700 (low end of market rent - current lease expires April 2016)
Annual gross: $8400
Annual taxes: $1650
Annual insurance: $584

Buy at $56,990

*OR*

OWNER FINANCE TERMS: $62,000 purchase price

$12,000 down. Owner will carry back/finance the balance (terms negotiable)

Offering

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