3.5% Subto Deal – Casey, IL – $10,000 entry
404 E Madison Ave, Casey, IL 62420
2 bed · 1 bath · 1,089 sqft · Single Family
If you pay $800 in principal and interest, you can have this paid off in 5 years (like having a $40,000 PML). So you can cashflow ~$500/month now, or break even and have it paid off in 5 years. Great house in a nice area that needs some paint. The agent suggested listing it for $75,000 after some minimal work (less than $5k).
Highlights
- $10,000 entry
- $124.55 interest, $87.91 principal, plus taxes and insurance: $506.94 total
- Mortgage balance $43,000
- 3.5% interest rate
Estimated Slowflip Numbers
- $4,000 down
- $1,025
- $99,000
Interested? Call or text Judd.
