Historical Residential Income Sale Listing - Turnkey Lease Option or Contract for Deed - CASH U

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Turnkey Lease Option or Contract for Deed - CASH U

22486 Cantrel Way, Farmington, MN 55024

N/A

2,400 SF | Residential Income

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Residential Income Property - Off Market

Price:
N/A
Building Size:
2,400 SF
Property Type:
Residential Income
Property Sub-type:
Single-Unit (SFR/Condo)
Property Use Type:
Investment
Construction Status:
Under
Construction/Proposed
Cap Rate:
7%
Listing ID
15461312
Last Updated
over 1 year ago

Description

$347,000 before $62K CASH BACK AT CLOSING
4 Bed, 3 Bath

Property Details




NEW PRE-CONSTRUCTION HOMES!

with a creative strategy bringing you

INSTANT PROFITS at closing!

Even more profits when you sell!



This is a turn-key strategy with a strong team in place for financing, property management, insurance, contract for deed specialists, etc. They handle all the work catered to your personal goals.



INVESTMENT OVERVIEW

à New Pre-Construction Single Family Homes

à Lease Option or Contract for Deed Ready (FULL TURN KEY)

à Washer, Dryer, Refrigerator, Stove, Dishwasher etc.

à Approx. 2400-2600 sq. ft

à 4-5 bedroom

à 2-3 Full Bath

à 3 Car Garages



THE NUMBERS

à Current Market Value =$365,876.29 (+ OR 20K depending on options)

à Investors Purchase Price =$347,667.20

à Construction Profit sharing upon closing =$62,619

à Immediate Equity in the property =$17,333



TOTAL VALUE OF THIS DEAL

$62,619 in construction profits!

$17,333 in equity in the property!

Grand total =$79,952!!!!

FARMINGTON, MINNESOTA



Farmington is a rapidly growing city located about 20 minutes outside the Minneapolis/St Paul metropolitan area.



As one of the fastest growing communities in the metropolitan area, the City is proud of its agricultural heritage, its small town roots and equally proud of the many new residents, businesses and organizations that call Farmington their home.

Area expects approx 5% appreciation.

Map of Farmington, MN, 55024 - exact location not found

Research for 22486 Cantrel Way, Farmington, MN 55024 (Dakota County)