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Foreclosure of the Week – Mar Vista Townhome

Foreclosure Deal of the Week

Townhome in Mar Vista

4125 Inglewood Blvd #13, Los Angeles, CA 90066

2 Bed / 2 Bath Townhome
Price $366,000

Beautiful 2-story townhome that has been rehabbed with new interior paint and vinyl flooring. Perfect for first time buyers looking to live in the city of Mar Vista on the westside close to all services and the beach! Small complex with community laundry room and secured parking.

This is a great deal in a nice area and won’t last long! Contact me for more information or a showing today!

Projected Rental Scenario:

Purchase Price: $366,000
Down Payment: $91,500
Loan Amount: $274,500

Monthly Expenses
Loan Payment: $1,310
Taxes (Est.): $381
Insurance: $15
HOA Dues: $333
Maintenance/Misc $50
Expenses Total: $2,089

Profit
Rental:

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$12,600
Profit: $511
Plus Principal: $395/mo profit
Annual Profit $10,872
As a Percentage of Downpayment: 12%

This is just one of the best investment deals of the week. Do you want see more great foreclosure and investment deals and the best investment property opportunities on the market? Sign up below!
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