2bd/1.5ba home in Fort Wayne, IN *PRE-MARKET* $19,900 will be rented before being sold!!

[Adam Gerig]

Wanted to give everyone here the first crack at things before I put this on the MLS. I've got a 2bd/1.5ba home here in Fort Wayne, Indiana that we will be taking SEC 8 renter on. This property should rent conservatively at around $475-525/month. If interested please PM me. We will have a 2-year lease with tenants.  This is pre-market deal and you'll need to do all due diligence and I highly suggest having an inspection done.  My guess would be that you'll need a roof within the next 5 years(not leaking currently).

That being said if you do the 50% rule and this rents at $500/month you're looking at a $3k/year return which would be over a 15% return.  *Individual results may vary*

Also, our company would be willing to manage this property for you to make it truly turn-key.  We have relationships with bankers here locally as well if you would like to get financing on this property or others at some point.  Please PM me for more details I can get you pictures and more details on this off-market deal.