A Super Deal at 3225 Rock Creek Way, Roseville, Ca 95747

I need an offer by December 1st or the bank takes it back.

This is a Single Story,  4 bedroom, 3 full bathroom with thou$ands spent on landscaping.   Click on the picture to the left and you’ll get a slide show with some still pictures.

If you are an investor I have a “Proforma” Cash Flow analysis  based  upon an accepted price of $275,000.  There is no guarantee the owner will accept a deal at this price, but if we don’t get an offer soon, it goes back to the bank.  At this price it does pencil out enough that it should carry itself.    

The Owner is still trying to get more time to sell…   however,  the last time I spoke with the Lender,  I was told we had until December 1st.   We’ll see.

Click here for the numbers. The income is based upon the current rents of $1,865 per month with the tenant also responsible for the Water, Sewer, Garbage and Landscape Maintenance.

Send an offer on this home to me today..!

Click here for a video of the front and rear of the exterior and a short view of the nearby park.

Make it a great day…!!!

Ed Favinger, Broker, CRS, GRI, SFR        favinger@rwnetwork.com       916-203-1260

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New Taxes Coming on Rental Income Described Here

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The New Obama Care Tax is coming – Check out the link that explains it.

Well I’m sure by now,  if you are a Real Estate Investor and have not been off the planet for the last year,  you’ve heard that the Federal Government has passed a new Health Care law.

While we can debate the issue of it’s passing, the fact of the matter is that barring a repeal by the new congress, there will be an increase in taxes to pay for this new program.

Anyway, I got this Brochure from the National Association of Realtors that explains it pretty good.

CLICK HERE FOR YOUR COPY.

Make it a great day

Ed Favinger, Broker CRS, GRI, SFR favinger@rwnetwork.com     916-203-1260

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Two Homes – a 1/2 Acre Lot – Custom Single Family Neighborhood

This one hits the MLS as a Duplex..!

Check out this video I have here of these Two Homes on a 1/2 lot in the middle of Fair Oaks.  These two “funky” little homes are unique to say the least.   But you know…?  This is a nice area and would be a great investment.

When I went through and made the video there were people outside this property waiting for me to leave.  I noticed several business cards were left by Real Estate people who had viewed this property.  By the way… it was just listed on November 1st.

To see the Video click on the picture here to the right and you’ll go right to it.

For you numbers guys, I have a pro-forma cash flow analysis that I prepared.  Remember… These are estimates only but it will give you an idea of the potential income stream.

Click Here for the Ca$h Flow figures for this property.

Make it a great day…!

Ed Favinger, Broker CRS, GRI, SFR    916-203-1260       favinger@wnetwork.com

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