Gutted to the studs! Everything New! Conservative 9.5% Return

[Chris Ramos]

CHECK OUT THE REMODEL REMARKS! THIS ONE IS REMODELED, RENTED AND READY TO GO. CASH FLOWING FROM DAY ONE.

REMODEL REMARKS:

REMODEL REMARKS:

COMPLETELY REMODELED WITH NEW:

• ROOF WITH 30 YEAR ARCHITECTURAL SHINGLES
• FURNACE
• WATER HEATER
• VINYL WINDOWS AND BLINDS
• VINYL SIDING
• KITCHEN CABINETS, COUNTER TOPS, AND SINK
• TILE KITCHEN FLOORING
• BATHROOM VANITY, TOILET AND MIRROR
• TILE BATHROOM FLOORING
• LIGHTING THROUGHOUT
• DOORS AND HARDWARE
• INTERIOR TWO-TONE PAINT
• PLUMBING AND PLUMBING FIXTURES
• ELECTRICAL PANEL AND ELECTRICAL FIXTURES
• GUTTER SYSTEM

EXCELLENT MANAGEMENT IN PLACE

CASH FLOW ANALYSIS

850.00 Monthly Rent

$10,200.00 Gross Rents
-$1,020.00 ((10%)) Property Management Fee
-$860.00 Taxes
- Utilities
-$510.00 Minus Vacancy (5%)
-$1,020.00 Minus Repairs, Maintenance, City Fees, Etc. (10%)
-$306.00 Minus Leasing Fee (3%)
- Lawn Care
-$500.00 Insurance

$5,984.00 Net Rents divided by

$61,350.00 Purchase Price equals

9.75% ROI