Builder Lease Back With High Positive Cash Flow

June 30, 2010
By Kevin McVicker

Chapel Hill Area – Luxury Home Builder, McNeill Burbank, is offering their model townhome as a lease back opportunity.  This model is located in Briar Chapel, the Triangle’s first “green living” neighborhood.  This community is committed to the preservation of North Carolinas natural beauty by setting aside over 900 acres of wooded and open space with miles of hiking trails, parks and athletic fields.  These craftman style homes are built to Energy Star Certification. 

The home is priced at $399,990, taxes are $210.00 a month, home owners insurance is $75.00 an month and HOA dues are $190.00 a month.  This builder will pay $3,200 per month for 12 months with the option for renewals for up to 4 more years.  The cash flow per month is estimated to be $1,000.   For details on this home please click on this link:  http://edit.cisdata.net/bin/web/real_estate/AR266340/HOTSHEET/Durham/1275142998.html?ZKEY=&acnt=AR266340&action=HOME_SEARCH&hs_action=VIEW_DETAIL&listing_id=REATOP50278379

For additional information, please email me at kevin@kevinmcvicker.com.  For more information about homes for sale please visit http://www.kevinmcvicker.com .

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