St Petersburg Fixer Upper

$71,500

5135 3rd Avenue South

St Petersburg, Florida

This home was just rehabbed!  All that is left to do is carpet.  Great Rental 2-Bedroom 1-Baths rent for $700 a month in this area.
 

Map of this ST Pete property

·       2 Br 1 Bath 954 sqft +/-

·        Needs Carpet

·       Frame Home

·        Bellecrest subdivision

·       Built 1955

·        Lot size: 50' x 128'

   

   

Estimated Sale Price  

 

$85,000.00

 
 

Purchase price of property 

 

($71,500.00)

 
 

Estimate of closing cost

 

($500.00)

 
 

Estimate of repair cost      

 

($1,000.00)

 
 

Total purchase & costs      

 

($73,000.00)

 
 

Equity Available-Cash Deal

 

$12,000.00

 
         

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

Hard Money 5 Points 15% interest only payment (LTV 70%)
  Available Funding for this property  

$68,150.00

 
  Loan fees & additional closing cost 

$2,500.00

 
  The monthly payment on this loan

$452.00

 
Cash needed to complete this home $7,500.00

How will borrowing affect my equity position?     

$9,500.00

 
#1  Call our office NOW!!!
#2  Sign our contract and give us $1,000.00 deposit.   Show me more St Petersburg homes
#3  Close in 10 - 14 days, if not sooner!
 
Quality Homes and this web site owner assume no responsibility for the information provided here on this site.  Please confirm any and all information you feel relevant.
Quality Homes Inc.        
1208 Versant Drive suite 204           Sold Properties!
Brandon, Fl 33511 Email  tooltymee@hotmail.com  
 

Call Louis Dias on his cell phone  941-916-5322

12/18/2005

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