Updated over 8 years ago on . Most recent reply
Owner Finance this Henrico VA Rental!
You have to act quickly to purchase this owner financed deal!! The owner has posted the property for rent and will work with whoever moves quickest - renter or buyer!
This adorable Henrico County property has excellent curb appeal. The owner has already spruced the property up and made it rent ready so no repairs are needed. The property includes a garage and tool shed within the fenced backyard.
Owner financing for this deal is as follows: pay $20k down and $400/month for 10 yrs for an ROI of 18%
400 cashflow * 12 mo = $4800 - 25% expenses = $3600/$20,000 = 18%
Property sold as is, inspection is for informational purposes only. Deposit due at signing of assignment contract.