Property Description:
Great curb appeal Already Cash flowing at 650 per unit. Location is ideal for family and good school district. A great buy and hold property Each unit has a its own separate basement and garage with washer and dryer hook ups. Utilities are separately metered. PRICE $104,000.00 Rehab $4,000.00 Total investment $108,000.00 EVERYTHING IS MONTHLY Monthly rent $1,300.00 Monthly tax expenses from county records $105.12 Monthly insurance expenses $60.00 Monthly mgt expenses (10% of rent) $130.00 Monthly rent after expenses $1,004.9 x 12 $12,059 CAPRATE / RETURN 11.17%