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David Dobbs
  • Real Estate Investor & Entreprenuer
  • Atlanta/Athens, GA
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21
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Anderson, SC rental house for Sale $400 per month income.

David Dobbs
  • Real Estate Investor & Entreprenuer
  • Atlanta/Athens, GA
Posted Feb 3 2015, 12:12

$400 Gross Monthly Income times 12 months = $4,800 Gross Annual Income

$4,800 Gross Annual Income times 4 = $19,200 Simple After Repair Valuation (25% Cap Rate)

$19,200 Minus $4,000 Repairs Needed = $14,800 As-Is Valuation

Address: 213 E Hampton St. Anderson, SC 29624

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