House for Sale. Buy Today! Start Getting Cash Tomorrow!!! $100,000 profit in 5 years!

Hello Fellow Investors,
I just got a great deal under contract and I am wholesaling it for only a $3,500 Assignment fee.  The tenant is already living in the property and wants to stay.  Currently she is paying $1,000 and is willing to pay more.  This is a great opportunity to give the tenant a lease/Option, and have instant cash flow.  Additionally, the seller is only requiring a $1,000 deposit for the house.  This deal is time sensitive and needs a fast closing.  I have not negotiated the terms with tenant so that is open and there is room to work out a great deal.  Rental rates in the area are going for as much as $1,200/mo.  Just in case you need a scenario on how you can make some CRAZY MONEY on this deal check this out:
You buy the house for $107,800 + my assignment fee ($3500)= $111,300.  I recommend doing a 5 year lease option to purchase.  The tenant is already paying $1,000/mo.  Keep the rent the same.  In 5 years the tenant would have paid $60,000.  The current value is somewhere around $140,000-$150,000.  In Norcross the appreciation rates are somewhere between 5-10% a year.  You could be nice and sell the house to the tenant for $150,000 in 5 years, and still make great money.  Even if the tenant leaves you have Equity in the property and can make even more money.
5 years later….After 5 years of the tenant paying you monthly rent your investment is down to $51,300.  In 5 years when you sell the property for $150,000 YOU MAKE $98,700 and that is a worst case scenario.
Here are the details:
Purchase Price- $107,800
FMV/ARV-$140,000-$150,000
Assignment fee-$3,500
Rehab/hold costs-$0 (You already have the tenant and/or future buyer if you do a lease/option)
Earnest Deposit-$1,000
7 Day Inspection Period.
Property Address-
1876 Sqft
5208 Bluegrass Ct
Norcross 30093
County: Gwinnett
Parcel ID: R6172 097
Bedrooms: Up: 3  Mid: 1  Low: 0  Tot: 4
Full Baths: Up: 1  Mid: 1  Low: 0  Tot: 2
Half Baths: Up: 0  Mid: 1  Low: 0  Tot: 1
Basement: Crawlspace
Cooling Source: Electric
Cooling Type: Central
Energy: Programmable Thermostat
Equipment:
Fireplaces: 1
FP Location:
FP Type:
Heating Source: Gas
Heating Type: Forced Air
Interior: Other (See Remarks)
Kitchen:
Kitchen Equip: Other (See Remarks)
Laundry:
Laundry Type:
Rooms: Family Room
Let’s go Folks!5208 Bluegrass 1 5208 Bluegrass 2 5208 Bluegrass 3 5208 Bluegrass 4 5208 Bluegrass 5 5208 Bluegrass 6

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