Attention Investors 3bed 1 bath Rialto home $195k

Posting ID : A1068521205
Date Posted : 2015-08-19
Category : Real Estate By Broker

Great opportunity for Investors to buy this 1080sq ft 3 bed 1 bath investment property. Financing is available to those who qualify with 10% down. Actual Retail value of the property is $260k. This property needs about $10k in rehab to make it look great. here is a break down of cost and estimated profit Costs Projected Up Front Cash Closing Hard Money
ARV Projected Up Front $257,00010% down.......$19,400
Current Sales Price $194,000$194,000
Rehab Cost $10,000$10,000
Hard Money Loan Charges $0 $3,380
Title, Escrow, Notary, $2,000 $2,000
Interest Payments 5 Months $0 $7,041
Selling commissions 2.5% $6,250 $6,250
Title, Escrow, Transfer tax $2,000 $2,000
Utilites and Maintaince $500 $500
Other unseen Costs Est.. up-to $3,000 $3,000
Total Costs $23,750$35,571
Net Profit $38,250$27,829

Return on Money, Rate % 57.38% 226.37%
Total Money out of Pocket $203,500$36,880

please contact me if you are interested we have other properties as well in los angeles county that might interest you. Call or Text Solemon

Some Other Postings