Steamboat Seller Financed-$6,750 Down! Sold

  • $85,695
  • 3 beds
  • 2 baths
  • 1200 sqft
Sold

This property is a terrific cash on cash return rental. Low cash down ($6,750), interest only payments, with equity built in. Tenants in place and looking to stay for multiple years. Contact Ron today for more details. (573) 340-5179

$6,750 down
$78,945 balloon due in 5 years

Equity: $96,000 current value – $78,945 = $17,055

Gross Income: $800/mo ($9,600/yr)
Insurance: $29/mo ($343/yr)
Tax: $109/mo, HOA fees: $125/mo, Cleaning/Maintenance: $57/mo
NOI: $505/mo ($5,760/yr)
Interest only debt service: $329/mo ($3,947/yr)
CASH FLOW: $1,813/yr = 27% ROI

Currently rented. No repairs needed.

Price:
$85,695
Address:
1602 Steamboat
Columbia, MO 65201
Square Feet:
1200
Bedrooms:
3
Bathrooms:
2
Terms:
For Sale
Property Type:
Townhouse
Year Built:
1997
Basement:
N/A

Call (573) 397-7655 for more details

Property Location