Friday, April 17, 2009

Investors Check Out this CASH FLOW Scenario!

New BANK OWNED/FORECLOSURE - Possible Investment Property in GREAT shape - Just Listed!
$79000 / 3br - Investors **Check Out This CASH FLOW SCENARIO** Condo Just Listed

319-E Moseby Ct. #61 Manassas, VA 20111
$79,000 List Price

MONTHLY CASH SCENARIO (25% Down Payment on $79K Purchase Price)
$59,250 Loan Amount
$336 P&I @ 5.5%
$100 Condo Fee
$175 Taxes (would go down)&Insurance
= $611 Total Monthly Cost.
Rental Comps are currently around $950-$1000 – so that gives you a monthly income of: $339-$389 Monthly!
Go to http://www.jenniferyounghomes.com/listings.asp for more info and listings!