We buy sinkhole homes! Call 813-239-2158

Multifamily in Florida!
A duplex and a house for only $59,900!

$59,900 Firm!    Wildwood, Fl. 34785
7050 & 7068 CR 213
Cash or Hard Money Purchase Only!
  • 3 Rental Units Duplex + House
  • 7050 is Duplex, 1512 sqft 3BR/1 Bath each
  • 7068 is House, 672 sqft 2Br/1 Bath
  • CB Construction; Built 1986
  • $450 Est. rent per unit
  • Total Rehab Needed

Cash Buyer's Costs

 

Estimated Sale Price

$135,000.00

Purchase price of property

($59,900.00)

Estimate of closing cost

($599.00)

Estimate of repair cost

($25,000.00)

Total purchase & costs

($85,499.00)

Equity Available-Cash Deal

$49,501.00

Can I finance a portion of this ugly house?    YES!!!

Hard Money 5 Points 18% interest only payment (LTV 69%) Credit score 650
 
Available Funding for this property

$93,150.00

Loan fees & additional closing cost

$6,986.00

The monthly payment on this loan

$1,397.00

Cash needed to complete this home ($665.00)
How will borrowing affect my equity position?

$42,515.00

CALL Louis FOR MORE INFO @ 941-875-8532

Map of this rental property!
$2,500 DEPOSIT TO HOLD PROPERTY CLOSE IN 10-14 DAYS CASH OR HARD MONEY ONLY !
     

 

Quality Homes and this web site owner assume no responsibility for the information provided here on this site.  Please confirm any and all info you feel relevant. Due to insurance requirements, you must obtain prior approval to enter premises, or be accompanied by a QualityHomes representative.

Quality HomesInc.
BrandonFl 33511
Email  zzzz
07/16/2010
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