2130 W Highland Ave, Phoenix, AZ 85015
3 Beds | 2 Baths | 1,380 Sq Ft
Turnkey, no landlord headaches!
This is an excellent buy for investors, or for a small family to live in a large unit, and rent out the studio. One side is a large 2 bed 1 bath with extra large kitchen area, the West unit is a studio with a kitchen and bath. Both units have their own entrances. New cabinets and quartz counters, carpet, laminate, paint, and fixtures throughout. Structures are positioned on the back of the lot leaving a large front yard area with tons of potential. Both units also have electric heating and cooling! Great live-in and rent one opportunity or lease them both. The seller has done all the heavy lifting for a turn-key scenario.
Property Details
1958 Build Remodled in 2021
Buy Price: $268,000 (ARV: $320k-$350k)
Sell Price: $398,000
Option Fee: $4,995
Rent: $2400
Mortgage at 8% and 20% down = $1800/mo
Cash Flow: $600/mo
https://drive.google.com/drive/folders/1fTq6ANEmjZoK9W0Qdtnlg-t9z_XjSrfN?usp=drive_link
Hybrid Real Estate Investing – A Better Way To Invest In Real Estate
The Hybrid REI Model Gives Real Estate Investors What They Want!
- Cash Now: We bring you a property and a vetted resident. They pay a non-refundable option fee to purchase the property.
- Cash Flow: We have pre-qualified the buyer with a good income who is responsible for 95% of the maintenance and repairs, so virtually all of the cash flow goes to the bottom line.
- Cash Later: Then we sell at the appreciated price when the resident secures a 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 buy more real estate!
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.
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