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Updated almost 9 years ago on .

User Stats

428
Posts
11
Votes
Antonio Cerqueira
  • Rental Property Investor
  • Philadelphia, PA
11
Votes |
428
Posts

Real Estate Deal Done for You in Philadelphia

Antonio Cerqueira
  • Rental Property Investor
  • Philadelphia, PA
Posted

PASSIVE INVESTMENT OPPORTUNITY IN PHILADELPHIA

5502 Thomas Ave.

3 Bed, 1 Bath

We renovate and manage for you!

Purchase Price: $45,000

Rehabilitation: $68,110

TOTAL investment only $113,110

Rental Income $1,200

Expenses:

Property Management $120

Property Taxes $72

Insurance $65

NET INCOME $943/month (10% cash on cash)

Hands-off. Total renovation (boiler, plumbing, electrical system, drywall...). Roof 15 years warranty.

6 months no maintenance costs and 1st year rent guaranteed.

The house will be done high end with central air.

We renovate more than 20 properties/month and manage 400+

MORE INFO www.PhillyIncomeProperties.com

Offering