$234 Positive Cash Flow with 10% Down - Great Deal in Madison
Tuesday, April 14th, 2009We have analyzed this deal to see how this particular single family home in Madison would be as a rental property.
Please use the information below as a starting point for your analysis, but because data used below is submitted to us, it should all be independently verified with the help of a competent team of professionals.
Where is this property?
It is located in Madison, AL. The property address is kept private to preserve the deals for our real estate investor visitors. Request additional information on Deal #5440. This particular property was submitted to the Huntsville Real Estate Resources Website featuring real estate investor articles and local deals.
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How did we find this property?
We found this property from one of our real estate investor friendly agents/brokers or one of the real estate investor wholesalers we know in the Madison area.
If you would like more information about this deal, please request info about real estate Deal #5440.
Notes:
The following was left as notes by the person that submitted the deal to us:
This is a brand new house that just fell out of escrow. Expected close date 5/11. This one will go fast. 4000sqft 5/3 one full bed and bath downstairs. Great area of growth. Madison County is the one your hearing about in all the Magazines for the best place to weather the recession. Lots of jobs moving to this place.
Property Details
- Bedrooms: 5
- Baths: 3.00
- Square Footage: 4,002 (see square footage estimates for info)
- All information is deemed reliable, but is pulled from tax records, a real estate agent or real estate broker, zillow, a researcher or the seller.
Income
- Gross Rent: $1,800/month (see Rent Estimates for more info)
- 4.00% Vacancy Adjustment: $72/month (see Vacancy Estimates for more info)
- Net Rent: $1,728/month
- NOTE: These numbers are for traditional rental income and NOT a rent-to-own. Rent-to-own analysis follows below.
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