1201 Smithfarm Ave Rental

Open House: Sunday 5/4 12-12:30pm Home info: It has A/C,vinyl flooring on the lower level,a 1st-floor laundry,a 1 bedroom on the lower level,and a 1 car detached garage. Tenants are responsible for all utilities and appliances. Regular Rental Move-in fees: - Security deposit: $1300 - 1st month: $1250 - water deposit: $300 TOTAL = $2,850 RTO Move in fees: Purchase price will be $115,000 - Security deposit: $1300 -Lease Option Fee: $3,450 (3% of the purchase price down) - 1st month: $1250 - water deposit: $300 TOTAL = $6,300 With this option,you will have an agreement with the owner that you will be able to purchase the home from the owner after your lease of 1 year has been completed. The price the owner agrees to sell you the home for is $115,000.00,and this price will not increase or decrease during your time as tenants. While the move-in fees seem high,please keep in mind that all of your move-in fees (minus your first month's rent) will then go towards your down payment for the property purchase. On top of that,we set aside $100.00 from every single on-time rent payment you give to us while you complete your lease term,and that too will be added to your down payment.