Cash Flowing Turnkey Property - Estimated 12% Cap Rate

[Peggy Beene]

Cash Flowing Turnkey Property at $16K below retail price. This 2 Bed / 2 Bath - has a 1 Car Garage and is an attached home, but NO HOA fee which is great. this is huge 2 bedroom at 1609sqft. It's a landominium, not condo, so owner does own the land it's on and there is a front and back yard. Only a connected unit is all.

• Estimated 12% Cap Rate. - 
• Annual Rent: $9,000 -
• Annual Taxes: $1,391.66 
• Annual Insurance: $480 
• Annual Property Management: $720 
• Annual Net: $6,408.34 -Monthly Cash Flow: $534.03

Please contact me for more pictures and address.