Wednesday, September 23, 2009

3/2/2 Shortsale Approved 79k Must See!!

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Financial Analysis
Price $79,000
Closing Cost $2,500
Rehab $8,000
Total Cash Investment $89,500
ARV $120,000
Vacancy Rate 8.60%
Rent 1,175
Tax+Ins. 300
Monthly Cash Flow 875


Yearly Cash Flow 10500
Net Vacancy 9597
ROI (Full Occupancy) 11.73%
Adjusted ROI (Net Vacancy) 10.72%
Equity $30,500


Property Highlights
Sqft: 1187
Beds: 3
Baths: 2
Construction Woodframe
Wholesale Price: $79,000
After Repair Value: $120,000
Repair: $8,000
Area Zip Code: 32825
Subdivision: Surrey Village

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