SELLING 5 SFR GREENWOOD MISSISSIPPI MUST GO FAST !!!

[Marcus Spurlock]

Looking to sell 5 SFR properties in Greenwood, MS. The properties have tenants in place. Start cash flowing from day 1.

Rents: $1400/month

ARV: $ 85,000

Price: $39,900

Deposit: $2,000

The properties are ideal for buy and rent. One of the units is a 2 family residence. I have the properties under contact and I am sell my interest in the properties. If you like inexpensive properties give me a call today.

Greenwood, MS 4 locations, Greenwood, MS 38935

5 SFR Properties. Selling as a package deal. Homes in the area have an average value of $30,000. Total appraisal value of all 5 properties is $85,000.

Purchase Price:

$39,000.00

Purchase Closing Costs:	$1,500.00 estimated
Estimated Repairs:	$5,000.00 optional
Total Project Cost:	$40,500.00
After Repair Value:	$85,000.00
Down Payment:	$39,000.00
Loan Amount:	$0.00
Loan Points:	$0.00
Loan Fees:
Amortized Over:	0 years
Loan Interest Rate:	0.000%
Monthly P&I:	$0.00
Total Cash Needed By Borrower:	$40,500.00

Monthly Income: $1,400.00	Monthly Expenses: $211.00	Monthly Cashflow: $1,189.00	Pro Forma Cap Rate: 16.79%
NOI: $14,268.00	Total Cash Needed: $40,500.00	Cash on Cash ROI: 31.36%	Purchase Cap Rate: 36.58%

Total operating expenses:	$211.00
Mortgage expenses:	$0.00
MONTHLY EXPENSES
Insurance	$36.00	Property Taxes:	$175.00

Financial Info

Income-Expense Ratio (2% Rule):
3.08%

Total Initial Equity:
$85,000.00

Gross Rent Multiplier:
2.32

Debt Coverage Ratio:
0.00

Analysis Over Time

0%/year
Expense Increase

0%/year
Income Increase

0%/year
Property Value Increase

Year 1	Year 2	Year 3	Year 4	Year 10	Year 20	Year 30
Total Annual Income	$16,800.00	$16,800.00	$16,800.00	$16,800.00	$16,800.00	$16,800.00	$16,800.00
Total Annual Expenses Operating Expenses Mortgage Payment	$2,532.00 $2,532.00 —	$2,532.00 $2,532.00 —	$2,532.00 $2,532.00 —	$2,532.00 $2,532.00 —	$2,532.00 $2,532.00 —	$2,532.00 $2,532.00 —	$2,532.00 $2,532.00 —
Total Annual Cashflow	$14,268.00	$14,268.00	$14,268.00	$14,268.00	$14,268.00	$14,268.00	$14,268.00
Cash on Cash ROI	31.36%	31.36%	31.36%	31.36%	31.36%	31.36%	31.36%
Property Value	$85,000.00	$85,000.00	$85,000.00	$85,000.00	$85,000.00	$85,000.00	$85,000.00
Equity	$85,000.00	$85,000.00	$85,000.00	$85,000.00	$85,000.00	$85,000.00	$85,000.00
Loan Balance	—	—	—	—	—	—	—
Total Profit if Sold	$53,768.00	$68,036.00	$82,304.00	$96,572.00	$182,180.00	$324,860.00	$467,540.00
Annualized Total Return	118.17%	57.97%	41.09%	32.93%	17.47%	11.05%	8.41%

Income, Expenses and Cashflow

Income

Expenses

Cash Flow

Loan Balance, Value and Equity