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Updated almost 9 years ago on . Most recent reply

User Stats

603
Posts
24
Votes
Steve Lawson
  • Specialist
  • Indianapolis, IN
24
Votes |
603
Posts

Turnkey rental with 15% cash flow and LOTS of equity

Steve Lawson
  • Specialist
  • Indianapolis, IN
Posted

The area around this property has been appreciating, but the prior owner never increased rent on this long-term tenant. You get strong cash flow (15%) on a property you can easily re-rent for more or sell for a good profit.

Please CLICK HERE to see the property page with pictures. Be sure to click on the Docs tab to see the financial summary, which includes comps. You get a property for $38,500 and the comps are $57K to $119K!

Offering

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