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)
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.
add me to your DL
I added you @Leon Kanon , and sending you a PM
This property is under contract. I expect to have more in the future -- feel free to message me to learn about future deals.
Matt please add me to your list for future opportunities. Thank you.
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