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| Investors: 3 Bedroom 2 Bath Home For $86,000 with 5% Down & Cashflow |
| Jobs & Skills : Government |
| 03/15/06 |
Jamestown Real Estate Inc. is proud to offer a wonderful opportunity for serious residential property investors. We have over 10 years of experience helping our investor clients purchase investment property. We have brokered well over 1,000 transactions.
We a very nice 3 bedroom 2 bathroom home available in the Fayetteville, North Carolina area listed for only $86,000. This home is in excellent condition and will make an excellent addition to your portifolio.
We have special investor financing available. This house is available with as little as 5% down payment on approved credit. In addition, this property will generate positive cash flow each month with a 10% ($8,600) down payment.
Below are the property specifics:
Listed at $86,000
Location: FAYETTEVILLE, North Carolina
DOWN PAYMENT: $4,300 (On approved credit)
LOAN AMOUNT: $81,700
P&I: $544
TAXES: $88
INSURANCE: $34
TOTAL MONTHLY PAYMENT: $666
Size: Approx. sq. feet 1300
BEDROOMS 3
BATHS 2
Year Built/Approx. Age 1994
ANTICIPATED RENT: $725 ~ $750
APPROX. MONTHLY TAX SAVINGS: $151
MONTHLY CASH FLOW including tax savings: $210 ~ $235
ESTIMATED COST OF REPAIRS TO MAKE HOUSE RENTABLE: $500 ~ $1,000
5% Down Payment on the 1st home in No. Carolina (for clients with very good credit) 10% Down Payment on subsequent homes.
We have professional property management services available. Our property managers can handle all aspects of managing the property for you. This makes your investment turn key and hassle free.
This property makes a great first time investment and will also nicely compliment an existing portifolio.
Facts About Fayetteville, North Carolina:
The Fayetteville, North Carolina area is one of the fastest growing areas in the country. With ample jobs and affordable home prices it has become a magnet for people from other more expensive areas. In addition to its many civilian employers, Fayatteville is also home to Fort Bragg, the largest army post in the country, with over 100,000 soldiers. Approximately 15% of these soldiers live off post in the civilian community. The military pays them a monthly housing allowance to cover their rent. This makes for a large pool of very high quality tenants who have their rent paid by the government.
For more information please call 510-414-3794.
Jamestown Real Estate Inc.
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