Signed in as:
filler@godaddy.com
Signed in as:
filler@godaddy.com
Rendered photo of actual property, upgraded. No structural changes.
Available now. 4 bedroom 1.5 bathrooms. Previously converted from 2 family to
single family. Location is nestled in downtown area of a developing city. Low crime rate.
The city recently added a college to the area along with grocery stores & retail stores.
This property is walking distance of the full downtown main area; where the city is
currently redeveloping and adding resources to the current businesses. The city is also
adding more streets and widening the highway.
SURROUNDING LOCATIONS
This property is driving distance to multiple major cities
New York City- 2hr 30 min
Newark international Airport- 2hr 10 min
Philadelphia- 2hr 3 min
Baltimore- 2hr 16 min
Washington DC- 3hr
Our prediction- The market is going to pop, get in now.
Residential
Single Family
4 Bedrooms
1.5 Bathrooms
1714 sqft
Seperate entry points
Small yard
Needs Renovations
The city has rapidly increased its development in the past 6 months. This is telling our analysis team the market is turning.
The current property estimate range is between $84,000-$174,000 holding a value of $129,000. Within the last 30 days alone we have seen a 6.9% increase. We believe the after repair value will double.
Renovating, upgrading and keeping this property will be a solid investment. Current rentals in the area are going for $1,400/month.
1400x12=$16,800/ yearly
Rent increase at least 3% yearly. (Rough estimates, not excluding fees and taxes)
Year 2=$17,304
Year 3=$17,823
Year 4=$18,357
Year 5=$18,908
Total Rough estimate of 89k in 5 years. This is shooting low numbers and staying at a consistent 3% increase.
Renovation Breakdown
Renovation Breakdown
Renovation Breakdown
Renovation Breakdown
Renovation Breakdown
Renovation Breakdown
Renovation Breakdown
Renovation Breakdown
Renovation Breakdown
Renovation Breakdown
Renovation Breakdown
Schedule a day when you would like to come out to see the property or you can schedule a video walkthrough virtually.
Give us a little background about yourself and what you are actually looking to do. I.E build your portfolio or looking for a secondary home. What type of income you make.
Based off the information provided, we will structure an owner financing deal best situated for you and your needs. We will agree on a sale price. Then down payment and monthly payments will be discussed and established. Yes down payments are negotiable. No, we do not charge interest. More details will be in your Sale packet.
After down payment is received, you will have access to your property and the owner financing process begins. Once property is paid in full, deed will be transferred to you or whomever you wish within 2 business days
We currently have a warehouse full of supplies in the area. Flooring, doors, windows, carpets, toilets, showers, vanities,etc,etc. We can supply your renovation supplies for additional fee. This is seperate from the bathroom package or 2 room flooring special we provide at the end of closing.
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