Turnkey Portfolio of five house fully rented.
Five houses, all currently rented. Monthly total rents are 6,200, with room to increase. The portfolio is selling for 520,000.
Annual rents: 74,400 -annual sewage/trash 4,500- annual taxes 6,655 - annual insurance 1,689 = annual gross profit 61,556
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This one will not last. You will cash flow on day one!!!!