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Rehabbed remodelled one story house
Completely rehabbed /remodeled one story house with finished basement, with 2 bedrooms, Living, dining, kitchen , 1 bath on the first floor. Two bedrooms , hallway. I bath in the basement attached. New wooden floor. New kitchen cabinets and countertops. New bathrooms. New heating system, new plumbing along with fans fittings and fixtures.
Rent: $900 per month
Security deposit $900.00
Sale price $90,000
Option to buy proposal
Tenant's payment $1200 per month
Adjustment towards down payment $500 per month
Monthly rent $700 per month
Adjustment after one year $6000 (One year period)
Sale price after one year $90,000
Less( adjustment) $6000
Less(Security deposit) $1200
Net Sale Price $82,800
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