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Account Closed
  • Miami, FL
7
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125
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Beautful Newly Renovated Rents Prorated

Account Closed
  • Miami, FL
Posted Jan 12 2015, 11:57

Click here for more information

http://investorincomeproperties.com/5455-fenlake-r...

FINANCING AVAILABLE REGARDLESSS OF CREDIT !!!

This single family home was recently renovated to owner occupant standards in a beautiful suburban neighborhood! Upgraded throughout - granite counter tops, ceramic tile kitchen flooring stainless steel appliances. It features 1,188 square feet with 3 beds, 1 bath and an attached garage. You have the opportunity to purchase this beautiful property at 40% less than its peak sale of $125,000 in 2006! Take advantage of this great investment before the prices continue to increase in this renaissance market.

  • Only $80,000 $75,000!
  • Available with up to 65% LTV financing!
  • Past Peak Sale: $125,000 in 2006!
  • Current Zillow Value: $85,703
  • High Yield Property - Excellent ROI at 14.50%
  • 1 Year Property Management Free
  • Immediate Income – Rents prorated at closing
  • Estimated Year 1 Analysis
  • Price$ 75,000
  • Rent$ 12,000
  • Property Tax- $ 2,350
  • Insurance- $ 600
  • Full Mngt 1 Year Paid
  • Reserves- $ 250
  • NET Annual Income$ 8,820
  • All-cash ROI11.76%
  • 50% Financed NET Annual Income$ 5,439
  • 50% Financed ROI14.50%

http://investorincomeproperties.com/5455-fenlake-rd-bedford-heights-oh-44146/

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