Property Details

TITLE:
2bd/2bth Fully Rehabbed Condo Laguna Woods CA
CONTROL:
Exclusive
VALUE:
$400,000
LOAN:
$0
EQUITY:
$400,000
TYPE:
Homes/Condos
HAVE:
Furnished 2bd/2bth Condo in gated 55+ community with 2 Golf Courses, pools, tennis courts and over 200 social clubs in a massive lifestyle perk. Wheel share accessible.
WEBSITE URL:
ADDRESS:
2120 Via Puerta, Laguna Woods, California
BENEFITS TO NEW OWNER:
10 Minute drive to the Beach. Extensive Sports facilities Private restaurant - Low Crime
GROSS SCHEDULED INCOME:
$36,000 Projected
VACANCY LOSS:
$1,800
GROSS EFFECTIVE INCOME:
$34,200
EXPENSES:
$11,916
NOI:
$22,284
DEBT SERVICE:
$0
CASH FLOW:
$22,284
CAP RATE:
5.57%
BENEFITS SOUGHT:
Exchange equity
CAN ADD:
Paper- Cash - Real estate
REMARKS:
Creative owner exchanger
COUNSELOR:
George Noor
Norkat Financial Inc.
330 Cessna Circle
Corona, California, 92878
Phone: 909-841-4545