Off Market Handyman Rehab Special! Fix & Hold 9.9% Cap! 2825 E Nancy Ln, Phoenix, AZ 85042 Wholesale Price: $27,000 After Repair Value: $70,000 Repair Estimate: $25,000-$30,000 (32nd St & Southern) APN: 122-86-006 Bed 3 Bath 2 Built: 1957 1,353 sq/ft 6,799 sq/ft lot Taxes $400.50 (2013) Description: This property is a fixer upper but has a lot of potential. Items that may need addressing include; air ducks, wood construction, floating floor, add on, A/C, kitchen, bathroom, paint, landscaping, fence, plumbing, and electrical. Located near; located near gold club, parks, shopping, and I-10. There is a vacant/shed property in the back that is owned by the previous sellers family trust, you can tear down or rebuild for more value. There are several hoops to jump through to revitalize this structure. Call for details Return: $27K Purchase Price + $30K repairs + $2K closing costs = $59K All into it $750 rents x 12 = $9,000 $9,000 x 65% (35% to account for taxes, insurance, maintenance, etc) $5,850 net yearly rents $5,850 / $ 59K = 9.9% Potential Cap $9,000/ $59K = 15.2% Potential ROI TERMS: -Open escrow with $3,000 nonfundable earnest deposit with a cashiers check made out to our title company of choice; please contact us for more details. -Cash, Hard Money only. -Property comes in AS-IS condition. Buyer pays all closing costs and escrow fees. PM me, Call/ Txt Me at 602-753-6865 or Email Me at profitablerealestatecenter@gmail For Access & More Information Before Its Sold!! Sign Up For Our V.I.P. Cash Buyers List at profitablerealestatecenter.webs/buyers-list For More Information via Our Excel Spreadsheet of Killer Wholesale Deals Before Anyone Knows About Them & Before Theyre All Gone!! #KillerDeals #RealEstateWholesaleDeals #MajorDiscounts #RealEstate #ProfitableRealEstateCenterLLC
Posted on: Thu, 31 Oct 2013 19:05:02 +0000
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