LOGO Land Equity LLC is a BBB Accredited Land Company in Des Plaines, IL Contact: 1-800-775-7769
 
1815 Wilton Gate Dr.,, Charlotte, NC 28262
Contact Information
Personal Name: 
Cristina Moldovan
Email: 
Contact@LandEquity.com
Phone Number: 
1-800-775-7769
$25k Down, Rented Turnkey Investment, Market Value Over $130k
General Information
Sale Price :    $25,000 Bedrooms :    3
Address :    1815 Wilton Gate Dr.,   Garage :    no
City :    Charlotte Total Cars :   0
State :    North Carolina Zip Code :    28262
Yearly Tax :    $994 Down Payment :    $0
Acres: :   0.03 Square Feet: :   1520
> Description
Description: Beautiful 3 Bedroom 2 Bathroom Home in an excellent subdivision at the end of a road. For sale with 4% financing and property management in place. This house can be purchased for $25k down and comes with a low interest mortgage balance of $112,000. No credit checks. A long-term tenant is currently in place paying more than the mortgage. Including principle pay-down, this property yields a potential 63% return on investment the first year. Yearly returns include cash flow $1,977.32 and principal pay-down of $2,105.04. An excellent long term investment with tremendous leverage. 1815 Wilton Gate Charlotte, NC Rented: $945/month Loan Payment: $781 (PITI)* Annual Taxes: $1539* Annual Insurance:$445* HOA: $200/year Loan Balance: $112,000 Market Value: $130,000 Mgmnt: FREE