Haven't posted for a while as its getting more and more difficult to find the real good deals. Prices are rising everywhere in the country, single family homes get multiple offers and properties sell fast both to investors and private buyers!
So these are 3 new deals that make lots of sense :
1. Only $ 18k down (if you are qualified for a loan with 20% down) and this is what you get- rehabbed and rented!
Monthly rent: $1200!
Estimated monthly cash flow for loan transaction: $538 ROI: 35.8%!!!!
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4 bedroom/ 2 bath, 1900 sf, totally renovated in popular subdivision! Stable, easy to rent neighborhood- both landlords and tenants love it!
Address: 9512 Sunwood Dr., Indianapolis
Picture of the front will be posted tomorrow- property is under rehab now.
Sales price: $72,000- only $15K down needed!
Rent: $900
Estimated monthly cash flow for cash transaction: $694 ROI- 11.56%
Estimated monthly cash flow for loan transaction*: $411 ROI- 32.88%
*20% down at 4.25 % interest, 30yrs. fixed
------------------------------------------------------------------------------------------------------------Cute fully renovated 4 bedroom/1bath in Warren township. Large backyard with storage shed.
Address: 3519 N. Jerome Ct., Indianapolis
Sales price: $56,900
Rented for $800
Estimated net monthly cash flow for cash transaction: $568 (after deduction of property taxes, insurance and property management).
ROI: 11.97%
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Coming up.....Presentation on "Why invest in Indianapolis" beginning of October.
Tour to Indianapolis- last weekend of October.
Contact me for additional information on these"common sense" deals: naomiesal@gmail.com
------------------------------------------------------------------------------------------------------------Information deemed reliable but not guaranteed.
-Rates are subject to change without prior notice.
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