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.
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