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Updated over 8 years ago on . Most recent reply

User Stats

350
Posts
362
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Todd Burton
  • Managing Broker / Investor
  • Indianapolis, IN
362
Votes |
350
Posts

SELLER FINANCING...Indianapolis Cash Flow Property Warren Twp#2

Todd Burton
  • Managing Broker / Investor
  • Indianapolis, IN
Posted

SELLER FINANCING

Nice rental property in Warren Township of Indianapolis.

Property is currently managed by Indianapolis Property Management Inc. IPM is willing to continue management at a rate of 8.5% per month of rent collected. You are not required to retain the management services of IPM.

Terms:

*Purchase price: $67,900

*Land contract for a 24 month term

*Down payment: $10,185

*$100 per payment received credited toward purchase price

*$55,315 balloon payment at contract end if all payments made as agreed

*Monthly payments: $574 (includes property taxes and insurance)

*Current monthly gross income: $800

Items available upon request to serious buyers:

1. Lease

2. Tenant Ledger

3. Expenses/Income for the year

4. Maintenance History

5. Rehab "Scope of Work"

Let me know if you have additional questions or would like more information.

Offering

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