I toured Oklahoma last week - and the tornado just missed me...
I'm touring beautiful Phoenix now- no tornados here but real estate is gone crazy....Will describe separately in a different post but I just missed a pretty 2 bedooms/2baths condo in Scottsdale listed for $135,000 :-[.
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Meanwhile we got this cute little house in Indianapolis, which is a great investment deal!
Located in Pike Township, one of the best Indy suburbs in a very well kept owner occupied neighborhood.
We have already sold one of those to another investor and he loved the neighborhood and house { he will recommend to anyone interested).
5413 Spring Creek Circle, Indianapolis, IN
2bedrooms/2baths, 1288sqft, built in 1997!
Sales price: $88,900 ( Down payment - $22,500*)
Comparable sales: between $90,000-$100,000.
Rent: $1000-$1050
Sales price includes rehab, tenant and 1 year free Home Warranty.
Estimated monthly cash flow for cash purchase: up to $648 ROI: 9%
Estimated monthly cash fow for loan trasaction: up to $300 ROI: 19%
* For qualified US borrowers only
____________________________________________________________________
Infomation deemed to be reliable but not guaranteed.
Investors are advised to conduct their own due diligence before purchase.
I'm touring beautiful Phoenix now- no tornados here but real estate is gone crazy....Will describe separately in a different post but I just missed a pretty 2 bedooms/2baths condo in Scottsdale listed for $135,000 :-[.
--------------------------------------------------------------------
Meanwhile we got this cute little house in Indianapolis, which is a great investment deal!
Located in Pike Township, one of the best Indy suburbs in a very well kept owner occupied neighborhood.
We have already sold one of those to another investor and he loved the neighborhood and house { he will recommend to anyone interested).
5413 Spring Creek Circle, Indianapolis, IN
2bedrooms/2baths, 1288sqft, built in 1997!
Sales price: $88,900 ( Down payment - $22,500*)
Comparable sales: between $90,000-$100,000.
Rent: $1000-$1050
Sales price includes rehab, tenant and 1 year free Home Warranty.
Estimated monthly cash flow for cash purchase: up to $648 ROI: 9%
Estimated monthly cash fow for loan trasaction: up to $300 ROI: 19%
* For qualified US borrowers only
____________________________________________________________________
Infomation deemed to be reliable but not guaranteed.
Investors are advised to conduct their own due diligence before purchase.
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