CALLING ALL INVESTORS!!

NEW and nicely updated completely turnkey Maple Heights Property. This investment property is currently tenanted on an annual lease with the tenant paying $925/month. At a 10.3% cap rate, take advantage of this TRUE turnkey opportunity. 

Reach us directly at (866) 228-7780 or via email at [email protected]

This bright and fresh home offers so much! Large updated Kitchen with built-ins and eat-in area. New flooring. Large Living Room. New neutral carpet throughout the home! 2 Bedrooms on the first floor. Updated Bath with Tub/Shower. Upstairs-be surprised with the cozy sitting area and the large closet of this Master Bedroom! Finished Basement offers more entertaining area! 2-Car garage! Close to highways for easy access.

Property Investment Highlights

♦ Close proximity to new AMAZON distribution center

♦ Up to 80% financing available

♦ Comprehensive turnkey renovation

♦ City Point of Sale Compliant

♦ Now leased for $925 per month

YEAR 1 PROJECTED FINANCIALS: TOKAY
Finance
Price $ 69,900 $ 68,000
Mortgage Amount (80%) $ 55,920
*Interest Rate6.50%
Term (months)360
Monthly Payment $ (353)
Annual Mortgage Payment $ (4,241)
Monthly Gross Rent $ 925 $ 925
Annual Gross Rent $ 11,100 $ 11,100
Property Tax $ 2,550 $ 2,550
Property Management (10%) $ 1,110 $ 1,110
Insurance (est) $ 550 $ 400
Annual Fixed Expenses $ 4,210 $ 4,060
Net Operating Income $ 6,890 $ 7,040
Annual Mortgage Payment $ (4,241)
Net Annual Income $ 2,649 $ 7,040
Cash Down Payment (20%) $ 13,980 $ 68,000
Cash on Cash / Cap Rate18.95%10.35%
*Rate is for illustration only. Lender fees may apply.