« 1934 South Ninth St - FOR SALE | Home | What? A Seller Upset? Nooooo…. »
910 S. Champion Av - FOR SALE
By Tracy Caywood | July 10, 2008
Location: Columbus, OH
NO BANKS NEEDED ON THIS ONE
910 S. Champion Ave
Columbus, Ohio
3 BEDROOM
1 BATHROOM
Soild Brick House
Recently voted one of the top place to live in the U.S. by money magazine, Columbus has been flying under the reader as a hot spot for real estate investors. I personal know of 3 investors here in Columbus that are making boat loads of money in this market.
The best way to buy real estate right now is to take over property “subject to”. which is how this property is being offered.
The break down on the numbers are like this.
Purchase Price = $29,900.00
Loan Subject to + $27,900.00
Payment + $293.87 PITI
Down Payment + $2,000
Rental Cap Rate = 16.9% (now that’s a good deal my friend)
To view all the details on this house and take a video tour visit our website at
http://columbusrealestate.wordpress.com/2008/07/08/columbus-real-estate-910-schampion-ave/
The after repaired value of the house is $57,000 to 63,000. That gives you (on the low side) $27,100 in equity the day you take over the payments.
Call for access. As always …you can’t buy in slow motion…call me before it’s gone.
904.525.5249
Topics: 910 S. Champion Av, Columbus Ohio, Real Estate Deals |