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Updated over 8 years ago on . Most recent reply

User Stats

62
Posts
10
Votes
Immanuel Price
  • Residential Real Estate Broker
  • South Bend, IN
10
Votes |
62
Posts

Turn Key Rent house 26% Return

Immanuel Price
  • Residential Real Estate Broker
  • South Bend, IN
Posted

Available immediately! We have a true turnkey property in excellent condition! No work needed! Hardwood floors, long term tenants, and low price make this 3 bed 1 bath home the deal of a lifetime! Truly, this is a steal! The house is located in an area of South Bend that has recently been upgraded with new streets, curbs, and sidewalks. Diamond St was one of the streets targeted by the mayor's "One thousand houses in a thousand days" project which has increased the demand for this area!

Sales Price- $18,995

Rent - $550/month - $6600/year

Taxes - $1006/year

Yearly Insurance: $600

NOI - $4,994 = 26.3% ROI

Offering

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