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Updated about 7 years ago on . Most recent reply

User Stats

170
Posts
10
Votes
Jonathan Wheeler
  • Investor
  • Bartlett, IL
10
Votes |
170
Posts

NEW! Markham CashFlow Deal! Only 29.5K!!

Jonathan Wheeler
  • Investor
  • Bartlett, IL
Posted

Off-Market SFR on quiet road in private neighborhood. 3 Bedroom, 1 Bath, 1,073 SF

Viewing by scheduled appointment ONLY. Please do NOT disturb the tenant!!

The property is currently occupied by a long-term section 8 tenant (1-bedroom voucher paying $780/mo). Current lease ends June 30, 2018. Tenant to be served notice to vacate upon buyer's request. Closing will take place with existing tenant in place (non-negotiable).

Price: $29,500

Market Rent: $1,350/Mo

Section 8 Rent: $1,925/Mo

Taxes: $3,500

Closing is scheduled on or before June 15th. Buyer pays ALL closing costs including title insurance, title company fees and transfer stamps. Taxes prorated 100%.

*Brokers Welcome! Add your commission to the price.

Please note: This is a wholesale deal. Property is being sold as-is, where-is. All figures expressed either verbally or in marketing material is to be an estimate. There are no guarantees or assumptions, either made or implied. No survey provided. Buyer shall conduct own due diligence prior to contracting. Property is to be sold to CASH buyers only. To secure purchase, Buyer must deliver $2,500 NON-REFUNDABLE deposit w/signed contract. Asking price above includes original contract price and assignment fee.

Offering

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