Get a $450,000 USD house for a $150,000 down payment.
Use rental income to pay for the loan PLUS make profit immediately!
Contact us for the details.
Description:
● Building size: 261 sqm / 2,810 sq ft
● Land size: 3 are
● Available as: Freehold or Leasehold
● Number of bedrooms:
- Main House: 2 bedrooms plus a maid's room
- Attached Guest Loft: 1 bedroom
● Electricity: Main House is 7.700 KVA; Guest Loft is 3.500 KVA
● Private well
● GlobalXtreme internet serviceFeatures:Main House:Level 1
- Covered entry with fish pond
- Open plan for living room, dining room & kitchen
- Terrace with view of a large stream and bamboo forest
- 1/2 bathroom
- Pantry with interior and exterior entrances
- Extra large refrigeratorLevel 2
- Open space with office
- Master bedroom with walk-in closet, bathtub, shower and aquarium
- Guest bedroom with bathroom
- Exterior terrace with atrium for birds
- Corridor to metal staircase for access to maid / laundry area or level 1Guest Loft:
- Private gate and entrance
- Covered scooter parking
- Small exterior laundry area
Level 1
- Custom seating space across from TV
- Island with 2 stool chairs
- Kitchen w/stove & fan exhaust
- Full bathroom
Level 2
- Queen bed
- Wardrobe
- Working desk & chair
- 1/2 bathroomExterior:
- Metal staircase leading to second floor and maid / laundry area
- Curved seating area surrounded by a small garden
- Sail shade to create cooling for the large terrace
- Garage
- Storage room under terrace
- Laundry area
Purchase:
Freehold: $460,000 or 7.2m
Leasehold: $385,000 or 6.025mLease Financing:
Down payment: $150,000 USD
Loan Amount: $240,000 USD
Interest Rate: 7% per year
Loan Term: 12 years, 0 months
Monthly Payment: $2,470 USDRental Scenario:
Main house: $3,850 USD per month
Loft: $950 USD per month
Total income: $4,800 - $2,470 loan payment = $2,330 USD profit per monthTerms:
- Loan payment due at the first of each month.
- Forfeiture of property if payments are in arrears for 3 consecutive months.
- Title is held in escrow until loan is paid in full.
- $0 penalty for pre-payment of loan balance.
(Open to other creative financing models.)