Turnkey Duplex w/ High Cash Flow! 19% ROI, $20K Down, Remodeled!

6 Replies

Price $89,900
Location 1130 10th Ave, Pleasant Grove, AL, 35127
Property Details

Single Family Residence

  • Current Rent: $950
  • Square Footage: 1404
  • Bedrooms: 3
  • Bathrooms: 2.0
  • Occupied: Yes
  • Lot Size:

Excellent Cash Flowing Duplex in B neighborhood. TURNKEY: Recently remodeled, fully rented out w/ property management to make this a hands-offs passive investment! Over 19% cash on cash ROI, Only $20K down gives over $320/month cash flow! Cash purchase discount! Contact for more info!

Medium extra large logoZach Lemaster, RentToRetirement | 307.421.4049 | http://RentToRetirement.com

Where is this property located?

Can you rerun the analysis with a 4.5 percent interest rate? Your assumption of 4 isn't realistic and is making the numbers overly optimistic. 

Also, let's assume a more realistic 25% down payment. 

@Scott Roberts This property has went under contract already.  We do encourage all investors to run your own numbers & we created an easy spreadsheet you can find at: Rental Calc.  Also, have you shopped around for the best lenders?  We had an investor get a 4.125% just two weeks ago.  Rates are constantly fluctuating.  

Zach

Medium extra large logoZach Lemaster, RentToRetirement | 307.421.4049 | http://RentToRetirement.com