> Great income properties can be difficult to find especially with
> instant equity!  This is a fantastic property to add to your portfolio
> especially with all the changes in first time home buyer financing.
> This property has been made available to our group under the following
> conditions $140k buyer to pay closing costs 30 day close with 0
> concessions.  Currently listed for $159,900 this is an excellent
> opportunity to own a great cash flow investment at 7.5% Cap Rate!

> YR.1         PV Yr       Mon Inc     NOI          Csh Fl       Yr Csh
> Fl  Mon Csh Fl Yr Csh Fl                 Equity
> 1       $154,000        $1,295  $10,514         $131    $1,572  $224    $2,692  $0      $43,174
> 2       $169,400        $1,360  $11,137         $183    $2,196  $281    $3,374  $0      $59,916
> 3       $186,340        $1,428  $11,789         $237    $2,847  $341    $4,086  $0      $78,383
> 4       $204,974        $1,499  $12,470         $294    $3,529  $402    $4,829  $0      $98,743
> 5       $225,471        $1,574  $13,182         $353    $4,240  $467    $5,604  $0      $121,186

> Capitalization rate at purchase 7.5%
> Expense ratio year 1                    32.3%
> Debt service coverage year 1    1.18
> Price rent multiple at purchase 9.0
> Payment rate (5-year)                   9.36%
> Deferred interest rate (5-year) 0.00%
> Deferred interest as % of appreciation  0.00%

> Thanks,
> William Green
> Business Development Loan Officer
> Cell:          (208) 703-7307
> Email:        will...@hsmfinance.com
> Office:          (208) 955-0661
> Fax:              (208) 377-3810

> Is this property still available?  I have a client that may be
> interested.  What is the address and how do I get some pictures?

> Thank you

> Susan Gaddis
> 727-403-9070

> On Jun 24, 7:59 pm, "lendinghound.com" <will...@hsmfinance.com> wrote:

> > Great income properties can be difficult to find especially with
> > instant equity!  This is a fantastic property to add to your portfolio
> > especially with all the changes in first time home buyer financing.
> > This property has been made available to our group under the following
> > conditions $140k buyer to pay closing costs 30 day close with 0
> > concessions.  Currently listed for $159,900 this is an excellent
> > opportunity to own a great cash flow investment at 7.5% Cap Rate!

> > YR.1         PV Yr       Mon Inc     NOI          Csh Fl       Yr Csh
> > Fl  Mon Csh Fl Yr Csh Fl                 Equity
> > 1       $154,000        $1,295  $10,514         $131    $1,572  $224    $2,692  $0      $43,174
> > 2       $169,400        $1,360  $11,137         $183    $2,196  $281    $3,374  $0      $59,916
> > 3       $186,340        $1,428  $11,789         $237    $2,847  $341    $4,086  $0      $78,383
> > 4       $204,974        $1,499  $12,470         $294    $3,529  $402    $4,829  $0      $98,743
> > 5       $225,471        $1,574  $13,182         $353    $4,240  $467    $5,604  $0      $121,186

> > Capitalization rate at purchase 7.5%
> > Expense ratio year 1                    32.3%
> > Debt service coverage year 1    1.18
> > Price rent multiple at purchase 9.0
> > Payment rate (5-year)                   9.36%
> > Deferred interest rate (5-year) 0.00%
> > Deferred interest as % of appreciation  0.00%

> > Thanks,
> > William Green
> > Business Development Loan Officer
> > Cell:          (208) 703-7307
> > Email:        will...@hsmfinance.com
> > Office:          (208) 955-0661
> > Fax:              (208) 377-3810- Hide quoted text -

> - Show quoted text -