1300 Senate Street, Waycross, GA Rented 3 Beds and 1 Bathrooms - rented for $460 per month. Tenant pays electric.
Rented 1 beds one baths - rented for $350 per month. Tenant pays electric.
Owner pays the water and trash bill.
Large yard .7 acres total including an extra buildable lot.
Newer electric system
House was substantially remodeled in 2007 (one state of the art kitchen and 1 new bathroom. 1 partially renovated kitchen and partially remodeled bathroom.)
Entire back half of roof was replaced in 2013
Interior of house is in attractive condition. 1300 Senate Street, Waycross, GA
Buy for $39,900. Possible owner financing with $10,000 down payment. Call Craig 813-479-XXXX or 201-923-XXXX Possible owner financing scenario:
Down payment $10,000
Amount financed $29,900
Monthly payment -- $284.75
ten year balloon payment No prepayment penalty Proforma Income and expense statement:
Gross rent $9,720 ($460 per month + $350/mo.)
Less vacancy 5% -486