10/08/2024
Assignable contract
Purchase price is $235,000
Down payment of 10% --$23,700
30 year term @ 7.5%
14 day inspection
Earnest money $2,500 post inspection non-refundable
Balloon payment of the remaining principle balance in 5 years
Buyer pays all closing costs
Buyer buys property in as is condition
Property rents for $2,200 to local baseball team, 6 months in advance
Positive cash flow ! Don't miss this GEM of a deal, won't last long
Light rehab may be needed
