Property Listings
Types of properties we specialize in:
Sample #1
Bank owned condos in Miami starting at $20.000
*Purchase price $20.000
*Closing cost + taxes $5000
*Cosmetic rehab $3000
Total expenses : $28.000 out of pocket ***all the numbers are approximate and may vary
Rental income per month $800
- $200-$250 monthly maintenance (condo fee)
- $100 management fee
- Total net deposit on the monthly basis to your account $450-500
Sample #2
Bank owned houses in Miami (CBS construction type ) starting at $40.000
*Purchase price $40.000
*Rehab work $15.000-$20.000
*Closing cost , taxes and home insurance $10.000
Total expense $70.000 out of pocket
Rental income per month $1000
-$100 management fee
Total net deposit to your account on the monthly basis $900(governmental guaranteed programs available)
Examples available for sale NOW
* Duplexes starting at $45.000!
*22-unit three buildings with %100 occupancy in Hollywood Beach great upside long term tenants and low rents.
GOI-$120.000
NOI-$80.000 CAP-%9.4
Selling price $850.000
Buy subject to with $300.000 cash down no qualification assume existing financing!
*Strip center with over %8 CAP %100 occupancy with long term tenants NNN
Buy subject to existing financing with $200.000 cash down assume $825.000 debt at %5.5 APR NOI- $92.000
Oceanfront motels available from $1.1m with 10 rooms and pool with $300.000 obtain seller financing or assume existing mortgage terms negotiable
