Updated almost 7 years ago on . Most recent reply
Cashflow from Day 1: Townhouse with my best tenant
For Sale: Cash-flowing rental with A+ tenant
Rent: $850/month, 18-month verifiable payment history. Occupied by one of my best tenants. He has been late once in 18 months, and that was late by one day.
Lead-free cert (lifetime)
Price: $54,500
Cashflow: $475/month (after allowances for vacancy, maintenance, capex, property management)
The Property: Located on a good block in a C-neighborhood where the neighbors look out for one another. Renovated in 2015 including new vinyl plank floor. A really solid property -- maintenance calls are extremely rare.
Repairs: None needed. My maintenance/capex total in the past year was only $252.
Selling because I need to raise cash for another project. Operating performance, BP calculator, tenant payment history (all payments verifiable) in Dropbox here.
For additional info reply to this thread or to be added to mailing list for future deals.