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Updated almost 9 years ago on . Most recent reply

Rental Hold SFR in Arizona
If your looking for a hands off, low maintenance cash flowing property this is the investment for you.
Long term tenants who care for the home as if it were their own always pay on time.
With low taxes of $504 in 2015, limited maintenance, no HOA and low insurance for this two structure rental, a cash flow above 11% annually is hard to beat.
Front house which is a 4 bed, 2 bath 960 sq ft adobe home rents for $600/ month
The back structure studio with bath rents for $300 month, property also sits on a 1/3 of an acre.
Current values in the neighborhood for similar properties are in the $125,000 range.
Do the math, you can't go wrong for a single family property at this price!
WHOLESALE PRICE - 86K
EARNEST MONEY - 5K
PICTURES