5 SFR for $145,000!!!!!

[Corey Birger]

Via one of our affiliate partners: 

5 property package - $145,000 (Rehab needed - 40k)

Proposed properties:

1699 Darley Ave 21213 - Will rent for $1200/mo (Taxes $346.92)

2906 W. North Ave 21216 - Occupied with tenant at $900/mo. Long term tenant @ 10 years

3600 Harlem Ave. 21229- Will rent for $1200/mo

1823 N. Collington St. 21213 - Will rent for $1200/mo

1822 N. Chester 21213- Occupied with tenant at $900/mo. Long term tenant @ 20 years

       >>>>>EMAIL US AT: [email protected] <<<<<<<

                                                             or 

                                 >>>>>>>CALL: 850-583-0291<<<<<<<<
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Total monthly rental income: $5400/mo

Total yearly taxes for all 5 properties: $2646.00

Estimated insurance @ 70/mo x 5 properties = $4,200

Estimated yearly maintenance per property $1,500 (x 5 = $7,500)

*This estimate is based on any potential repairs the property may need over the course of a year. In our experience this number is typically lower, but we always estimate high on maintenance.

Yearly rental income: $64,800.00

After estimated yearly hard costs, adjusted gross annual income:

$50,454.00

Full investment recouped in 3.6 years. 10 year projected revenue: $504,540.00