Go To Mortgage 101

Return To Group Index

Newsgroups: misc.invest.real-estate
Subject: Cashflow and 45% LTV!!!!
From: PropBot Lister 
Date: 03 Oct 2007 03:21:26 GMT
Bytes: 1549

Fort Myers, FL - Excellent Positive Cashflow property in great rental area, at only 45% of today\'s market value. Seriously motivated sellers!!

3/1 CBS home with 1,248 sq ft on 7,500 sq ft lot. Excellent locaton for cashflow property. Great area popular with tenants. New roof in 2005. Minor repairs recommended (paint and flooring) plus kitchen and bathroom updates.

Garage was enclosed for 4th bedroom But can be easily reopened back to garage again.

Valued at $120,000
Zillow shows $130,000

Your cost: $55,000
This is an assignment of contract. 

For more info on this property, visit:
http://www.propbot.com/KKC7BOH

------------------------------------------------------------------------
Properties listed with PropBot.com automatically get posted into this newsgroup. Sign up today for your free account

http://www.PropBot.com - Redefining Real Estate Searches