PROPERTIES

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*Important Terms:

Estimated financials do not include title companies closing costs or bank origination fees. Buyer pays all closing costs. These estimations do not include any repair costs. Buyer to do their own due diligence prior to closing with inspection and contractor quotes to determine if additional costs are needed.

We encourage all buyers to put aside 5-10% of the renovation total. We also recommend putting aside 10% yearly for maintenance and vacancy reserves. Total investment price is not fixed and in multiple offers situations we accept the highest and best offer. Property taxes are based on estimates from the previous year. Property management fees are estimated at 8-10% of monthly rents. This number is subject to change depending on the property management company chosen by the buyer and their specific rates. Please research prior to purchase to know your exact costs. Amounts will change based on tax rate changes and special assessments. Property comparable sales are per online comps and sold comps in the area and are estimates; please do your own diligence to confirm property value. Estimated rents are pulled from online sources for this type of property in this area (please confirm with your property manager). Property information is pulled from numerous sources and we are not responsible nor liable for any inaccuracies in the information found in this brochure.


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