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Updated over 8 years ago on . Most recent reply
We Flip for You and Manage for You this Property
640 N 56th St
4 Bed, 1 Bath
We renovate and manage for you!
Purchase Price: $27,500
Rehabilitation: $64,709
TOTAL investment only $92,209
Rental Income $1,100
Expenses:
Property Management $110
Property Taxes $80
Insurance $65
NET INCOME $845/month (11% 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.
This property is a single tax sale.
We renovate more than 20 properties/month and manage 400+
MORE INFO www.PhillyIncomeProperties.com
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