Investment Property Directory

Description:

This property is 3 units (upstairs, downstairs and back, rehabbed less than one year age and has the following: new roof, new furnace, plumbing, paint, hot water tank, , new windows, existing tenants in all 3 units, back unit is a sec. 8 tenant and $30,000 in equity.
This property is a NO BRAINER, all you do is buy, and you’re making money instantly! Property comes with property management so that the investor is worry free.
Appraised value – $95K
Taxes 600/yr
Insurance 500/yr
Water & Sewer 800/yr
Total 1900/yr
Income: $1,500×12mos = $18,000/yr
Net Income = $18,200 – $1,900 = $16,100
Annual return: $11,300/65,000 = 24% return
MAKE AN OFFER$$
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