Thursday, January 29, 2009

2976 Cadillac, Detroit, MI 48214

Brick Colonial – 2 Stories


 


4 bedrooms 2 baths


  • Beautiful Condition
  • Recent High-End Rehab
  • New everything
  • Gets higher rents

 


Living area SF:  1,613


Basement area SF:  749


Lot size: 12,632


Year built  1911


 


Fireplace / Forced air / Gas heat


Detached 2 car garage


Rented for $950/month – Positive
Cashflow!


Tenant Occupied/Mgmt Company in place


 


4 bedrooms, 2 bathrooms


Purchase Price                    =  $69,000


Down Payment (20%)           
- $13,800


Loan Amount                        =  $55,200


Appraised ARV                    =  $80,000


EQUITY                                = $24,800


Rented for
$950 per month


Cash flow
after expenses    = $305/month


CASH ON
CASH RETURN = 27%


 


For more info:


Patricia Shabel


323-337-4062

3619-21 Nottingham, Detroit, Michigan, Wayne, 48224

Rent Ready Special!!



2 Family Flat (2 Units) consisting of 3 bedroom / 1 bath units that will
cashflow $700/month each unit with a 45% Cash-on-Cash return!



2-story, brick, in a
middle-class neighborhood, tree-lined street, 1/2 block from Grosse Pointe,
which is one of the most affluent areas in the country.



Property is newly rehabbed with fabulous, high end upgrades and top
quality workmanship with new electric, new plumbing, new paint, two new
kitchens, new hardwood floors, new carpet in the bedrooms, and lots of
beautiful finishing touches!  Property management is in place to rent
it out and has renters waiting!  You may even receive the property WITH
renters, if you'd like!



Hurry!  It won't last!!






Purchase
Price                         =
$89,000

Down Payment
(20%)               
= $17,800

Loan
Amount                            =
$71,200

Appraised
ARV                          
= $110,000

EQUITY = $38,800

Rents for $1,400 per month ($700/unit)

Cash flow after
expenses                     =
$500/month


CASH ON CASH
RETURN        = 35%


 


Contact:


Patricia Shabel


323-337-4062

4214 Flora Ave. Kansas City, Missouri 64110

OWN
THIS SINGLE FAMILY HOME FOR $400 A MONTH!!


 


4214 Flora Ave.


Kansas CityMissouri
64110


2 bdrm/1
bath bungalow


920 sq ft

Asking price: $59,000


 


Seller
financing available!  $6,000 down and $400 per month


5 blocks
East of Hyde Park and close to Country Club Plaza, trendy area with lots of
amenities


 


Recently updated with
all new windows, doors, paint, new heater & a/c, new disposal, upgraded
electrical, upgraded plumbing, refinished tub, and a cleaned-up yard.


 


Discount
for all cash offer!


Section 8
rent is $600-$650/month


 


Expenses:


Insurance =
$57/month


Taxes =
$227/year


 


NO BANK QUALIFYING!!  600
credit score and higher can take this great deal!!


 


Contact:
Patricia Shabel @ 323-337-4062
or visit our website www.1stthoughtinvestments.com

114 EARNHARDT AVE, SALISBURY, NC 28144

4 PLEX IN GREAT
LOCATION


 


ZONED R8 WHICH MEANS 4 MORE APARTMENTS CAN BE PLACED HERE.


 


BLT 1963


SQ. FT. 3072


2/1 BATH EA UNIT


ONCE RENOVATED EA UNIT WOULD


 


RENT FOR $550-$650


 


TWO UNITS CURRENTLY RENTED


 


ASKING:  $144,900


REPAIRS:  10K EA


ARV:  $245K-$255K


 


CLOSE TO EVERYTHING


 


ALL BRICK UNITS THAT NEED SOME TLC.  NO MAJOR RENOVATION JUST COSMETIC
REPAIRS. 


 


GREAT BUY AND HOLD AND CASH FLOW PROPERTY.  LOW PROPERTY TAXES.


 


BRING OFFERS AND LETS SEE IF WE CAN  GET YOU SOLD ON A 4 PLEX.


 


For more info:


Patricia Shabel

117/123 N. LONG ST. EAST SPENCER, NC 28039

TWO FOR THE PRICE
OF ONE


 


HOMES SIDE BY SIDE


 


117 HAS 1,605 SQ FT


123 HAS 911 SQ FT


 


BUILT 1890’S, BUT REMODELED IN 1973/1984 RESPECTFULLY


 


ASKING:  37,500 FOR BOTH


 


REPAIRS:  40K EA


ARV:  110-125K EA


BUY AND HOLD OR FLIP YOUR CHOICE


CLOSE TO EVERYTHING


 


HOMES HAVE A LOT OF
CHARACTER AND FOR THE PRICE YOU CAN NOT GO WRONG.


 


CASH DEALS TO CLOSE IN 7-10 DAYS.


 


For more info:


Patricia Shabel


323-337-4062

212 GRANT ST., EAST SPENCER, NC 28039

GREAT INVESTMENT
PROPERTY


 


2/1 EASILY CONVERTED
3/2


 


1428 sq. ft.


BUILT 1916


 


ASKING:  19,500


REPAIRS:  45K


ARV:  105K-110k


 


GREAT RENTAL PROPERTY


$750 MONTH


 


QUIET STREET IN EAST SPENCER


CLOSE TO EVERYTHING


 


GREAT FOR 1ST TIME INVESTORS.  START SMALL AND WORK YOUR WAY INTO FINANCIAL
FREEDOM.


 


For more info:


Patricia Shabel


323-337-4062

422 TORBUSH ST. EAST SPENCER, NC 28039

THIS IS A 3/1


997 SQ FT.


BUILT 1948


RENOVATED 1978


 


ASKING:  $27,900


REPAIRS:  $30,000


ARV:  90K-98K


 


THIS HOME HAS A LOT OF
CHARACTER.  HUGE YARD, OVER AN ACRE, QUIET
ST.
EASY ACCESS TO EVERYTHING, IT JUST NEEDS SOME
MODERN UPDATES AND IT WILL BE READY TO SELL OR RENT.


 


ADD A SECOND BATHROOM


 


HARDWOOD FLOORS THROUGHOUT


 


FULL BASEMENT ACCESS FROM INSIDE OF HOME


 


For more info:


Patricia Shabel


323-337-4062