This is a rent-to-own ONLY. It is different from a regular rental. It can be very beneficial for the right person but there are also risks involved. I would say it's just as serious as buying a home. Please do your own research on what a rent to own is and see what the pros and cons are before asking to come to see this. One big thing that is different about a rent to own than a regular rental is that the landlord does not make or pay for general repairs and maintenance. That is the responsibility of the tenant. The logic here is that this is your future home so the improvements that you make to the property only helps you. Option 1) Monthly Rent Payment: $800 Non-refundable down Payment: $7,200 Sales price today: $130,000 The sales price in 2 years after paying towards the balance: $112,432 Option 2) Monthly Rent Payment: $900 Non-refundable down Payment: $4,800 Sales price today: $130,000 The sales price in 2 years after paying towards the balance: $118,288 Option 3) Monthly Rent Payment: $950 Non-refundable down Payment: $3,600 Sales price today: $130,000 The sales price in 2 years after paying towards the balance: $121,216 Available June 1, 2019, this is a 2 BR 1 Bath cabin with beautiful views and is quiet and peaceful. Great commuter location! Takes about 8 min to get to i66. Tenant is responsible for all utilities including water. Home is on a cistern so water is delivered about once a month on average and costs about $100 each delivery. It has the potential to have gutters collect rainwater to help save on the water delivery cost. This is a rent-to-own ONLY. Option 1) Monthly Rent Payment: $800 Down Payment: $7,200 Sales price today: $130,000 The sales price in 2 years: $112,432 Option 2) Monthly Rent Payment: $950 Down Payment: $3,600 Sales price today: $130,000 The sales price in 2 years: $121,216 Option 3 could be something in between option 1 and 2
This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.
