3 Turnkey Property Package Already Rented--$2,485 Instant Monthly Cash Flow

[Alex Craig]

Instant Cash Flow 3 Property Offering. All properties are currently rented with total monthly cash flow of $2,485. Package price is $148,000. All properties are on 1 year leases and 1 of the properties within the package has a 2 year lease purchase contract on it by the tenant. All properties were renovated to a high quality standard that allowed us to get the top market rent. All properties come with a 6 month warranty on the work performed during renovation. Professional property management is already in place.

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[Jon Klaus]

"I'm just interested in why you would want to sell a $150000 property that cash flows $2500 per month? That sounds like a gold mine. Simple math has it payed off in roughly 60 months if you pay down a $150000 loan with money this property cash flows. "

The answer for me is a higher and better place for the money. In fact I would sell 2 of mine for $140K that have income of $2370/mo. Or I could put together similar packages of 3-12 homes.

Part of it is that TN and TX cash flow better than WA. Oh, and I assume Alex means income of $2485/mo, not true cash flow.