BiggerPockets

Description:

Awesome cashflow property … over $200+ per month positive cashflow! 3bed/1.5bath home in South Jackson … Turnkey investment with Tenant and Property Manager in place. Rented at $600/mth. Just put over $8k in rehab into it including a brand new A/C unit with 1yr parts & labor warranty and 5yr parts warranty. Turnkey cashflow for 63 cents on the dollar … Almost $20k in equity left on this deal for investor! Appraised 8/10/2009 for $53,000.