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Old 04-28-2008, 02:00 AM
jtiffany jtiffany is offline
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Join Date: Mar 2008
Posts: 1
Default Remarkable CASHFLOW @ 3daybid.com!!!

Remarkable CASHFLOW @ 3daybid.com!!!

Wabash Ave, Kansas City, MO

Rehabbed
New carpet
new paint in and out
new cabinets
new electrical
Fenced yard
Hospital and highway access are close
Quiet street

Estimated cost is $1000.

Previous rent $650
Possible rent range $650 - $725

1922 single family bungalow
750 square feet
2 beds
1 bath

Buy at $47,000, put in $1000 for rehab, out at $48,000 which is 80%LTV.
( $59,500 - $60,500 from Zillow, a realtor, and RealQuest ).

Taxes are $398/year.

PITI should run under $400/mo
Cash flow $250+/month and/or refi in 6 months and continue the cashflow but take the remaining 20% out tax free!

For More Details and Picture click this link:
http://www.3daybid.com/auction/item.php?id=424
and For FREE property Posting Click this link:
http://www.3daybid.com
For Assistances Call 713-965-6803
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