HOT PROPERTIES

SCOTT’S HOT PICK OF THE WEEK

2 SCENARIOS

1. INVESTMENT PROPERTY

Scott’s Plan : 20% Down on Sale Price $849,000

Loan Amount : $679,000

Monthly Payment : $4,400 (Includes Property Tax)

Monthly Rent for House and Studio : $4,500

 

2. LIVE IN FRONT HOME AND RENT STUDIO

Scott’s Plan : 20% Down on $849,000

Loan Amount $679,000

Monthly Payment : $4,400 (Includes Property Tax)

Monthly Rent From Studio : $1,500

Monthly Mortgage : $2,900

 

 

 

 

LAST WEEK’S HOT PROPERTY

Would you be interested in buying this Banana Belt Bungalow in Santa Cruz for $400,000?

Scott’s Plan: 20% down on Sale Price of $800,000.

Loan amount 20% down: $640,000

Total monthly payment: $4,000/month (Property Tax and Insurance Included)

Tenant pays: $1850/month (nearly half of your mortgage)

 

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LAST WEEK’S PICK:

 

BUYER OPPORTUNITY:

Campbell Home with 2nd Unit with possible 3rd Unit addition for more Tenant Income while living in the Main Home!

 

Call or Text Scott at (408) 757-1007 for further details.

 

 

LAST WEEK’S HOT PICK

Breathtaking Century-Old Victorian 3 bedroom 2 bathroom Home (2182 sqft) with bonus room and a 1 Bedroom 1 Bathroom rental (510 sqft) with private entrance below the home located in the Heart of Downtown San Jose! 

MORE HOME FOR YOUR BUCK!

Tenant Pays: $1850/month on downstairs rental

  • $22,200/year rental income
  • Approx. Pays for 33% of home expenses (including PITI) $6000 mortgage is $4000/month with Tenant
  • Approx. Pays for 40% of mortgage 

That is the equivalent of buying a $750,000 home!

Close to Proposed GOOGLEPLEX, Japan Town, SAP arena







 

 

*Property permits are unknown.