508-510 Charleston Lane (SOLD)

Purchase a cash flowing investment property for less than $8k in cash including closing costs! Duplex available in a subject-to deal. Both sides are rented with monthly rental income of $1,350. Tenants pay all utilities.
Side A – Rented $650
Side B – Rented $700
Mortgage Balance is approximately $126,266.00
Mortgage Payment PITI is approximately $1,307.68
Mortgage is 30 year fixed with interest rate of 7.25%
Insurance $525 (escrowed) Taxes are $2,414 (escrowed)
Behind 3 months on mortgage payment
Finders Fee $2k paid by buyer.
FMV of duplexes in this area is $156k 508 Charleston Lane