Investment Property Directory

Description:

This property is 2 units (upstairs and downstairs), rehabbed less than one year age and has the following: new roof, new furnace, plumbing, paint, hot water tank, existing tenants in both units, upstairs unit is a sec. 8 tenant and $32,000 in equity.
This property is perfect for investors who want to make money instantly and easily! Property comes with property management so that the investor is worry free.
Appraised value – $97K
Taxes 600/yr
Insurance 500/yr
Water & Sewer 800/yr
Total 1900/yr
Income: $1,350×12mos = $16,200/yr
Net Income = $16,200 – $1,900 = $14,300
Annual return: $11,300/65,000 = 22% return
MAKE AN OFFER$$
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