0% SELLER FINANCE BUY AND HOLD!!! For Sale

Purchase Price $118,000 – ARV $170,000 – Rents $1200-$1300 – Repairs $18,000 Great buy and hold opportunity! Performing rental. ARV $170K. Repair estimate to keep as a rental is $18,000. (Roof, HVAC, Tree work). This home would require a rehab budget of $40,000 for a fix and flip at $170k ARV. The current tenants have been renting since 2009. They are currently on a month to month basis and can be given a 30 day notice to vacate before closing. Rent was $1,000 but is currently reduced to $850 (since 2011 due to requesting central AC) and never brought back up. Rental comps support $1,200-$1,300. THE GOLDEN NUGGET- This contract includes the seller to carry $50,000 of the purchase with seller financing, the terms are $500 for 100 months. THAT’S A NO INTEREST LOAN OF $50K. THIS DEAL COULD BE FREE AND CLEAR IN 8.5 YEARS!!! $675 per month payment will include principle payment, taxes and insurance. $118k purchase and $18k repairs, is all in at $136k which is 80% of ARV. We currently have this home under contact, we are assigning this contract for a fee. Repair estimates and values are our own estimates, any interested parties are responsible for performing their own due diligence of all estimates and values. Do not disturb the tenants or attempt to view the house without an appointment. Proof of funds is required and assignment fee to be paid at time of assignment.