Here’s another investment potential. As we took the time to blog about this, the listing agent marked this “contingent” and let us know that an offer was accepted. But just for fun, here are some numbers.
3 Bedroom, 2 Bath, 1,150 sq.ft
Foreclosure property in Oceanside. $123,300 – Property taxes, 30% down, 5.5% rate, $500 a year maintanance, $280 HOA, + Insurance. 11 months rented for the year -
11.4% return on your down money of $37,000.
This listing is courtesy of Triad Properties
3. January 2010 at 8:30 am
Hello,
I was very interested in viewing this property. Please let me know how we can arrange a meet and a walk through. Feel free to call me at any time. My name is Jon, my number is ***-***-*** number .
Thank you