Everett Wholesale Opportunity!
This is a Seattle Investors Club.
This is something that you need to see. The lot itself is so great! This house is completely level. It’s a fully-fenced 6,534 SF of beautiful green grass, you might even be able to charge a premium on rent.
Possible flip…?
… Maybe, you decide.
INSPECTION AVAILABLE: This Wednesday, March 25th at 12:30pm – 1:30pm. You must first RSVP. Brokers welcome! Add your fee on top!
Wholesale Real Estate Details:
Address:
1303 Maple St
Everett, WA 98201
Beds: 2
Baths: 1.75
Square Feet: 1,050
Purchase Price: $160,000
Possible Rent: $1,250 – $1,325 per month
Zillow Estimated Rent: $1,328 per month
Estimated Financial Return Options:
- Cash on Cash Return if all cash paid at $1,250 rent is estimated at 9.375% (or higher!)
- Cash on Cash Return with 25% down, 4% interest is estimated at 20.31%
- Contact Nikki Benson at Umpqua bank for a personalized loan quote at 206.427.7252
Additional deal notes:
This is a 2 bed, 1.75 bath house on a quiet street with no traffic. The dining room was a 3rd bedroom where the Sellers removed the wall to make a more spacious living/dining room. Put it back to make 3 bedrooms, or not, it’s up to you! Hardwood floors in living/dining and bedrooms and vinyl in kitchen & bathrooms. Electric heat & appliances. Full size w/dryer comes with the house! Roof, windows & siding in rental quality condition, no immediate large repairs needed if purchased as a rental. Plenty of street parking.
Property Links
Click here for comps
Click here for more pictures
*For financing info on this property, please call (425) 250-6114 or email FlipFinder@veristonecapital.com
Additional Info:
Showing: Wednesday, March 25th at 12:30pm – 1:30pm. You must RSVP.
Earnest Money Deposit Amount: $1,000
Closing Date: On or before 4/15/15
** Buyer to confirm their own research and numbers **
Please send your questions to:
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