$43,000
Sold on 5/25/16
Beds |
Baths |
Sq. Ft. |
Taxes |
Built |
4 |
2.00 |
1,059 |
$490 |
1935 |
On the market:
175 days
|
View full details, 15 photos, school info, and price history
Currently being rent per room for 4 tenants. Each pay $100/wk. No repairs needed. Start returning your investments from day 1 with this turnkey deal. Gross Rents = $1600/mnth x 12 = $19,200 Taxes = $490/yr Insurance= $500/yr Property Management Expense= $1920yr Max Net ROI (fully occupied) $16,290/$50,000 = 33% net ROI Conservative Net ROI (3 month vacancy) 11,490/50,000 = 23% net ROI Crazy cash flow machine. Motivated seller. Must Schedule Showing. BRING ALL OFFERS.
Listing courtesy of Armika Wright, Century 21 Connect Realty