Updated over 10 years ago on . Most recent reply
New Property 53% Leverage ROI
http://investorincomeproperties.com/4384-ingleside...
This single family home has just been freshly updated and a new family is moving in on a brand new lease! It features 1,128 square feet with 3 beds, 1 bath, and a detached garage. The point of sale inspection has been completed and the property is now available free of any point of sale violations.
Take advantage of this great investment today via cash or financing. Inquire today for more details.
- Multiple Options to Buy: Available to Domestic and Internationals!
- Past Peak Zillow Value: $94,000 in 2006
- Excellent Net ROI!
- 1 Year Property Management Paid
- Brand new lease June 2015
- Estimated Year 1 Analysis
- Price $ 54,900
- Rent $ 10,800
- Property Tax- $ 1,394
- Insurance- $ 600
- Full Mngt 1 Year Paid
- Reserves- $ 250
- NET Annual Income $ 8,556
- All-cash ROI 15.58%
- 80% LTV Conventional Financed NET Annual Income $ 5,897
- 80% LTV Conventional Financed ROI 53.71% * Assuming 4% interest rate and 20% down payment.
Click Here for more info.
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