242 Lanai Vlg #K, Diamondhead, MS 39525
1 Beds | 
1 Baths | 
640 Sq Ft
Turnkey, no work needed, no landlord headaches!
Updated and on the golf course! The kitchen expanded, and solid surface countertops, dishwasher, and refrigerator remain. Just bring your dishes and cooking supplies. Washer and dryer convey. Great location and dues pay for liability, exterior of building insurance and maintenance, ground/lawn maintenance, pest control, pool upkeep, roofing/paint, garbage pick-up, fire protection, water, and sewer.
The Buyer
The client, a highly accomplished real estate broker, is working on and managing several ongoing projects at the moment. Her priority is to ensure a quick closing for her property. However, given that she currently has a lot on her plate, she acknowledges that refinancing will become more convenient once she has generated a year or more of cash flow from the property. She also has an excellent credit history and is bringing in a 15% downpayment. It is important to note that the property is under contract and is supposed to close on August 14, 2023.
The Numbers
| Money from Buyer: $19,650 NET amount from Investor: $20,000* | BUY: $116,000 SELL: $132,000 |
| Cash Flow: $300 (20% CoC) ROI: 25% | TERM: 2 years PROFIT: $10,000 |
Hybrid Real Estate Investing – A Better Way To Invest In Real Estate
The Hybrid REI Model Gives Real Estate Investors What They Really Want!
- Cash Now: We bring you a property with a vetted resident ready to move in the day you close. They pay a non-refundable option fee to purchase the property. And the best part is you own the property and retain the tax benefits until they exercise their option to purchase.
- Cash Flow: We have pre-qualified the buyer who has a good income and will be responsible for 95% of the maintenance and repairs so virtually all of the cash flow goes to the bottom line.
- Cash Later: Then you sell at the appreciated price when the resident secures their own mortgage within a predetermined time frame with the help of our team. They are now proud homeowners and your increased capital is freed up to do another deal!
Interested?
Please schedule a call with our team ASAP to discuss acquiring this deal. Our deals usually go pretty quickly, so please schedule with us now if you’re interested.
Book a call with me at -> https://hybridrealestateinvesting.com/call or fill out the form below and we’ll be in touch.
Hybrid Investor Contact Form
Investor Referral Program
Who else do you know that might like to passively earn a double-digit return with income-producing real estate? With our “Investor Referral Program,” you get a $1,000 referral bonus!
