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46226

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Property Features

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Property Description

15-property package produces $148,260 this year, guaranteed.  All homes fully-rehabbed, fully-occupied with leases and property management in place.  EZ Key Real Estate guarantees the construction and 100 percent occupancy for 12 months after the purchase.  We also will give you 90 percent owner financing in your entity at 6.5 percent interest, on a 25-year amortization schedule.  That is only 10 percent down on a commercial loan.

Partial releases will be optional over time if the buyer wishes to sell half the package and own the remaining homes free and clear. Monthly cash flow obviously increases dramatically with a larger down payment or cash purchase.  Depreciation of over $20,000 annually will offset nearly 100 percent of taxes on this purchase.  This package is approved for IRA and 401K investing.

Virtual Tour here: http://listingsmagic.com/flash/tour.php?property_ID=9666

 

Price: $1,268,000

Property: Other