Motivated To Sell 74K Profit 23% Equity ID786 Miami, FL
This is an Investor-Ready Foreclosure. This house didn’t sell at foreclosure auction and is now bank-owned, similar to an REO. Because the banks are anxious to sell these properties, they may be motivated to negotiate.
Short term rental numbers
|Est. Monthly Rental Income||$3,942|
|Est. Rental Income (over 5 yrs)||$236,505|
|minus Seller’s Asking Price||$320,250|
|minus Est. Cost of Repairs||N/A|
|minus Est. Cost of Furnishings||$16,013|
|equals 5 year Equity/Profits of||$693,503|
|Need funding:||Get Pre-Qualified|
|View Other Funding Options|
This information is provided by the seller. All numbers, including Estimated After Repair Value (ARV) and Estimated Cost of Repairs are estimates. Please do your own due diligence.