Tuesday, August 14, 2007

Large Cashflow in Dallas

I have a cash flow deal available for an investor. The renter is a company that offers live in services for elderly people. They have a care taker that lives with 4 or 5 patients with guaranteed rent of $1700 to $1800 for 2 to 4 years. Payments are made from Medicare and medicade. They are in need of a house. I found 3 to 4 houses in the area they are looking, ranging from $129,000 to $149,000. Do the math... After 5% down a $123,500 loan at 7.5% you are looking at $800 to $1000 per month cash flow. All I Need Is the Investor.

Here is the breakdown of the Numbers
$130,000 Purchase price
$6,500 Down payment
$123,500 Loan Amount
$863 per month at 7.5%

$1800 per month for 3 to 5 years

$957 Cash Flow per month
without taxes and insurance.

Based on putting 5% down that is 100% return on your money in a year after subtracting taxes.

If you put more money down that's more cash on cash return...



I will offer
for any investor looking to purchase properties at discounts, even new builds using my services I will get your place rented or sold via owner financing for you. I will help you buy properties at a discount, cash flow and if you would like I can put you in contact with a management company to manage your investments.

If you are interested in rehabs I have the contractors ready for you to do the work. You let me know and i'll find it for you.



JOIN THE INVESTOR LIST
Visit www.TheHouseHub.com

Eric Love
VIP Realty
Your DFW Investment Source

P.S. Make sure to subscribe to this blog to see what else is on my mind...

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