Specialist · St. Petersburg, FL · Member since 2013 · 114 posts · 49 votes
Great 3/2 single family that is a perfect rental. It was bringing in $750 per month, but could have been increased easily with market rents ($800 - $825). Roof needs to be replaced, other than that, property is in good condition. After the roof is redone (estimating $6,000 for roof), the investor will have a yield of 15% (accounting for 35% of your total rents going to holding/carrying costs.)
Will be available for showing November 1st. DO NOT DISTURB OR TALK TO CURRENT TENANT!!
Owner Financing is available at $40,000 purchase price for 50% down for 10 years.
Please send me an email directly for more information, showing instructions, OR interior photos - [email protected]