5 turn-key SFH properties for sale in Fort Wayne, Indiana $117k
I've got 5 properties for sale. I own these properties and will manage them for 10% if new investor buys and retains our services. No lease up fee 10% of gross rents collected that's it. Gross rents are over $2300/month. It's two 3 bed units and three two bed units. 4 of the 5 units are rented the 5 unit is being rehabbed here shortly after long-term tenant is leaving and we plan on leasing at higher rate. I will sell these contingent upon all being leased if new owner wants it cash flowing day 1.
This fits the 2% rule and is over 12% return based on the 50% rule. Either way run the numbers and if you are interested I can send you an excel spreadsheet. Over $12k was put in 4 units of which were purchased in 2014. The other one was purchased in 2012 and has had same renter in there at $550/month and at that time we put over $10k in it new everything. See image below this is the property that was completely rehabbed in 2012.