$140,000
Property | , Tuskegee Institute, AL 36088
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Why Buy?
Estimated COC Return
30.14%
Estimated Monthly Cashflow
$706
Interest Rate
0%
Total Entry
$28,100
Down Payment
$25,500
Rehab
$0
The Numbers
Asking Price
$140,000
Total Entry
$28,100
EMD
$2,500
Down Payment
$25,500
Interest Rate
0%
Balloon
5 years
HUD Rent
$2,000
Monthly Payment
$894
Appraised at $136,000 two years ago so contracted slightly below current market price. With a bit of equity walking in and a great COC return, this is a deal that you just can't lose. Payments are PITI in full. No need to guess, this is a creative off market mortgage assumption.
Map
Subject Property
Deal summary
Seller-Finance SFH in Tuskegee Institute, AL 36088 – $140,000
3 bed · 2 bath · 986 sqft · built 1960 · Macon County
Appraised at $136,000 two years ago so contracted slightly below current market price. With a bit of equity walking in and a great COC return, this is a deal that you just can't lose. Payments are PITI in full. No need to guess, this is a creative off market mortgage assumption.
HUD rent $2,000/mo