Currently rented for $3000 per month +NNN to a non profit dog shelter. Tenants cover taxes, insurance and standard maintenance costs per month. Total rent collected monthly are $3,528.65 and this tenant has 3 years on their lease with an option to renew for 5 years with rent increases of $100 per month annually.
Commercial flex space available on bond for deed. With a $30,000 investment, cashflow $1000+ per month from day one!
Bond for deed terms:
Price $270,000
Down Payment: $30,000
Financing: $240,000
5% interest
10 Year Balloon
15 Year Amortization
P&I $1897/mo
Insurance: $4212/ Annually (Paid by tenant)
Taxes $2171/ Annually (Paid by tenant)