$6,995 1 Acre Lot of Land in Sun Sites (Sunsites), AZ 85625 (Sun Sites)
$6,995
Other
1 / 3
$75,000 LAND CONTRACT
For sale
$75,000
Other
Property Introduction
$75,000 LAND CONTRACT
Selling a SFR Akron rental via wrap or land contract: Bank St Non-renovated 3/1 Current $700 market rate tenant Tenant pays water and sewer Tenant responsible for landscaping 12-month lease (9 months remaining) $1,100 market rent rate ARV is around $110K Purchase price $75K Down payment $15K Monthly payment $600 (covers taxes and insurance) Balloon 60 months Roughly $15K for repairs to get market rent (updating kitchen, bath, painting and flooring)
Source: craigslist
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