Let us show you how to make $50,000 to $60,000 on this one deal! This is a great opportunity!

This is a great opportunity for you to make a cool $50-$60k on a house in a great neighborhood in the New Kensington area.  Let me show you how is can be done.

This property can be sold to a rent to own buyer at market value and keeping the monthly payment at the same price as they would pay if they purchased it today with a traditional loan.

We have evaluated  comparable sales on this property and peg the current after market value at $107,000

Numbers breakdown with you selling to a rent to own buyer – they cash you out after 4 years by getting a traditional loan:

Expenses:

$25,000 Repairs
$19,000 Down payment
$38,000 payoff in 4 years with no payments (your total purchase price is $38,000 plus $19,000 = $57,000) That’s right you make no payments for 4 years!
$9,600 taxes and insurance for 4 years (taxes and insurance estimated at $200 per month)
$91,600 expenses over 4 years

Income:

$45,600 monthly lease option payments for 48 months
$107,000 current ARV – Sales price could add 2% appreciation rate for the next 4 years could add $8,560 in profit
$61,000 profit without using the 2% appreciation rate (total income minus total expenses)
$69,560 profit using the 2% appreciation

Give us a call for more information on this property. Photos will be available on Monday.