Monday, August 22, 2011

Best ROI so far......













Hello friends,

I haven't been writing for a while for 2 main reasons:




1. There are less and less houses available at the auctions lately,

2. When I email the houses that come up to my preferred emails list- they get sold in less than 24 hours.

SO...if you are really serious about investing either let me know fast when you are interested or tell me what are your preferences and I'll email you directly when the opportunities come up.

I'm holding this house for 24 hours for my clients- after that it goes into the market!

This home is located in a great community in Phoenix, AZ.

Open floor plan. Great home for a family with lots to do nearby. Located close to Parks, Schools, Shopping, and major highways.
We are in the process of rehabbing this home, so more pictures are on there way soon.

The rehab will include fresh paint inside and out, new carpeting, appliances, etc. Home will be in Brand New condition. This home has it's own Built-In Pool right in the back yard!! We will have a brand new 12 month lease signed @ $950.00 per month before close of escrow.
Numbers: Based on putting 25% Down @ 5.5% Interest rate.


Price: $83,900 (includes full rehab and tenant!)

Rent: $950.00 Per Month

Taxes: $745.00 Per Year

HOA: $52.00 Per Month

Insur: $35.00 Per Month

Property management: $75 per month.

Est. total monthly expenses: $ 224.



Cashflow for cash transaction: $726 ROI: 10.3% !

Cashflow for loan transaction: $365 ROI: 20.8% !

Address: 6221 W. Illini, Phoenix, AZ

Join our tour to AZ this coming weekend: Saturday, August 27th- Sunday August 29th to see this property and many others!

Contact me NOW for addtional information- I'm here...:-).

Naomi









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