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Invest Like a Rich Dad

Invest Like a Rich Dad

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Published by JDS Properties

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Published by: JDS Properties on Oct 27, 2009
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06/18/2010

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#1
$464/mth cash flow.ONLY 10% DOWN & No city taxes!!! HML availablevideo atwww.youtube.com/jdsproperties1 
4304 Northwood Hills
Memphis TN 38128. Updated 4/2 in Raleigh. NO CITYTAXES!!! This home has a
retail value of around $95,000.00-$105k 
but you canget it wholesale for 
only $62,000
. . This is also a turn key occupied rental. This house is currently rented for $900/mth and we estimate your monthly payment to be$436 PITI which will give you a wonderful
$464/mth positive cash flow and over $46k in equity.
These are comps for 4304 Northwood hills:AddressPriceSold OnBdBaSize(sqft)Lot(sqft)YearPrice/SqFtDist.(mi)4402 NorthwoodHills Dr $84,90009/14/200932.0--------0.174411 Shadow Leaf Cv N$90,00009/15/200932.01,4108,2762000$630.294105 HamptonManor Cv$115,00004/22/200932.01,84811,2642002$620.354781 Kendall Pl$125,00004/23/200932.02,47113,6001987$590.364807 Royal View Cv$66,78004/30/200942.51,8186,6212006$360.594177 Rosswood Dr $117,90001/08/200932.01,81517,0312004$640.543828 Lakehurst Dr $87,50003/27/20094----------0.78
 
$56.80/sqft X 1849sqft = an estimated retail value of $105,023.20 
Please email or call John Skaggs @ (901) 212.7246
if interested or for pics & more info 
Deal # 2
we have pics now owner financing with only 10% down, $269/mth cash flow
5024 Shubert Cv
, Memphis TN 38109 is a 1000sqft 2 bed 1.5 bath. It is currently rentedfor $650/mth. Retail value is about $52,000 but can get it owner financed (with 10%down) for only $41,500. Your owner financed note will be about $381/mth leaving youwith about $269/mth positive cash flow.

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