Cashflow in Tracy, ca

A look at a few availible properties from a investor prospective.... Enjoy and call me if you would like me to help you buy a home. I work with investors and first time buyers. I also run a property managment business and can help you rent out your next investment. The below loan calculations are based on 5% interest rate. I am not a loan expert or in the loan business, I used a mortgage calculator to get the numbers.


Brian W Barringer (Lic: 01435948)
Century 21 M & M and Assoc. (Lic: 01183865)
Broker Associate/Investor specialist/Property Manager
CENTURION AWARD WINNER 2004-2010

912 West 11th Street
Tracy CA 95376
Primary: 209-613-8945
Secondary: 209-833-7777
ther: 800-894-7282

120 Adobe Ln

- Flooring, kitchen, bathrooms have all been upgraded
-single story
-REO
-Needs some painting.
-Good area
-rent for 1500
-1098/mo with 25% down @ 5%.
- cashflow $312/mo after property managment fee.

Loan Info Closing Costs:
Price $205,000.00
Fixed Costs $5,015.00


Down Payment $51,250.00
Prepaid Costs $1,579.00
Loan $153,750.00
Total Costs $6,594.00
Down Payment $51,250.00
Bring to Closing $57,844.00

140 Edgewood Ct     $227,000

Price/SqFt: 106.32 

Beds: 4 Baths: 3 (3 0) (FH)* Sq Ft: 2135* Lot Sz: 0.140ac*

Yr: 1990*

-Good area

-Bedroom downstairs

-New carpet and paint

-court location

-Large lot and private backyard

-various repairs needed: fencing, slider door to kitchen, kitchen cabnets need resurfacing and repairs, fireplace door, two closet doors need to be replaced

-$1650/mo rent

-1216/mo payment with 25% down.

-335/mo cashflow

Loan Info Closing Costs:

Price $227,000.00

Fixed Costs $5,247.00

Down Payment $56,750.00

Prepaid Costs $1,747.00

Loan $170,250.00

Total Costs $6,994.00

Down Payment $56,750.00

Bring to Closing $63,744.00

Monthly Payment Info:

Principal & Interest $913.94

Funds Needed to Verify $67,393.00

Homeowners Ins. $66.21

Monthly Property Tax $236.46

Total PITI $1,216.61

1050 Tennis Ln, Tracy, CA 95376    $199,900

Price/SqFt: 136.92

Beds: 3* Baths: 2 (2 0) (FH)* Sq Ft: 1460* Lot Sz: 0.190ac*

Yr: 1981*

-single story

-wood roof

-some upgrades

-busy street

-Large backyard.

Rents for 1450/mo

-1071/mo payment with 25% down at 5%

-cashflow of $292

1361 Divine Ln   $225,000 (LP)

Price/SqFt: 118.30

Beds: 3* Baths: 3 (2 1) (FH)* Sq Ft: 1902* Lot Sz: 0.170ac*

Yr: 1990*

-court

-wood roof

-large yard

-needs new paint.

-Short sale.

-Rent for 1600

-Payment 1125.49 with 25% down @5% interest

-cashflow of $376/mo