5Bed 2Bath house that's move in ready. Minor repairs are need (3K worth) ARV is 150,000. Thats 89,900 in equity - 3k in repair equals out to 86,900. 60,100 at 5.6% 30 year mortgage is 343.41 in payments market rent is 1100.00 a month, thats 756.59 monthly cash flow. NOW THATS A DEAL
About Me
- Philip Mahonie
- Mahonie Investment Group is a full service real estate firm that provides investment properties for buyer’s. Our services consist of buying and selling of distress properties. We also specialize in short-sales and lease option purchase. With our buying system we make it easy for seller’s to sale. We will provide our seller’s with a offer in 48 hour after receiving seller’s information. For our buyer’s there will be deep discounted properties for sale daily on this blog. Short-Sales and lease option purchases are areas that we take pride in. With our short-sale services we work hand and hand with potential clients lenders to come up with a win-win solution. Lease options, we work with problem credit individual to achieve the American dream of home ownership. Information regarding our short-sale services and lease option purchase please contact us at our office number 708-269-7263
Monday, January 12, 2009
Great Deal Here In Chicago, IL
5Bed 2Bath house that's move in ready. Minor repairs are need (3K worth) ARV is 150,000. Thats 89,900 in equity - 3k in repair equals out to 86,900. 60,100 at 5.6% 30 year mortgage is 343.41 in payments market rent is 1100.00 a month, thats 756.59 monthly cash flow. NOW THATS A DEAL
