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I am interested in the below property. Send them my property page Send Property
 5 FL Houses- $5,242/Month Rent

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Property Type:  Residential Income - House(s)
Last Updated:  3/29/2010 3:36:44 PM EST
Property # 28266
Location:  St. Petersburg, Florida 33705 USA
View Address On Mapquest
           
Value: 
Loans: 
Equity: 
$450,000
$325,000
$125,000


Property Description:
5 home package fully renovated rented section 8, a great program in St. Petersburg, FL with rents higher than non-sect 8. Professional management is 10% of Rents but included for first 2 years!
Benefits to New Owner:

 Unit Mix
# Units 1 Bed/Bath     3/1 Approx. Sq. Ft. 0 Avg. Rent/mo. $1,000
# Units 1 Bed/Bath     3/1 Approx. Sq. Ft. 0 Avg. Rent/mo. $1,042
# Units 1 Bed/Bath     4/2 Approx. Sq. Ft. 0 Avg. Rent/mo. $1,100
# Units 2 Bed/Bath     7/4 Approx. Sq. Ft. 0 Avg. Rent/mo. $2,100
TOTALS 5            

 Annual Income & Expense
 Per/Year % of G.I. Projected/Year
Gross Schedule Income $00%
Less Vacancy (-) $00%
Other Income (+) $00%
Gross Operating Income $0100%
Operating Expenses (-) $00%
Net Operating Income (=) $00%
Loan Payments (-) $00%
CASH FLOW (=) $00%
Capitalization Rate 0.00% 0.00%
Lot Size 
Zoning 
Yr. Built 1925

 Loans
  Balance Mo. Payment % Rate Year Due Lender Assumable
Loan #1: $325,000$02010PrivateNO
TOTALS $325,000$0       

 Additional Information Available Upon Request
Appraisal available (Approx. Date 1/2010)
Title Report
Leases

 Can Adds
No Can Add information found.

Can Adds Comments
additional cash flowing SFR can be added within 45 days

Click to view Other parties that may want what you have based on a computer match from the property records data

 Owner's Profile
Occupation  Real Estate Broker/Investor   Name  Please Sign In or Register to view owner information.

Why Owner No Longer Wishes to Own This Property
Want off loan(s) to free-up credit line
Want to take profit and move on

Owner Comments and Benefits desired from Exchange
Would like to pay off loans, take profit and repeat purchase, rehab and sale of additional properties.

 Will Consider Exchanging For
Personal Property: Cash

U.S. Locations
Map
States/Regions:

 Property Represented By

Click Here to contact the Owner or Agent representing this property.

REE.com Inc. has not verified the above property information and therefore does not guarantee or warranty any information contained herein. It is your responsibility to seek independent assistance for legal, tax, financial and physical inspections. All information submitted is subject to errors, omissions, change of price/value, withdrawal and to any special listing conditions imposed by the principals.

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