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Satelite Map for Walford & Surrounding Community

PROPERTY OVERVIEW

Incredible cash flow & turnkey opportunity.  The location could not be more convenient!
 
Just 1.5 miles away from the new Thistledown Racino Entertainment Complex, & Amazon Fulfillment Center
 
Well maintained community,  mix of owners & long term renters
 
Unit has basement & garage
 
 

RENOVATION HIGHLIGHTS

  • The unit has recently underdone the interior and exterior City POS inspection 
  • The inspection has now passed and unit to be sold Point of Sale Compliant

 

 

 

 

 

PROPERTY FEATURES

  • 3 bed/ 1.5 bath
  • Has a garage and a basement
  • W/D in unit
  • Mix of homeowners and renters in this HOA complex

 

INVESTMENT HIGHLIGHTS

  • Monthly rent: $900
  • HOA Fee: $299 
    • Includes water/sewer, ext. maint., landscaping & building insurance
  • Leased through June '22

Projected Year 1 Core Financials 

Monthly Rent: $900

Gross Annual Income: $10,800

 

Property Tax: $1,054

Property Mgmt: $1,080

Annual HOA: $3,588

 

Projected NOI: $5,078

 

Cap Rate: 11.28%

 

Direct Price: $45,000

Price w/ Agent: $49,000

 

 

(Based on Core Metrics - For Estimation Purposes Only)

Disclaimer: The estimated analysis are presented in good faith and in no way represent a commitment on the part of the Seller(s), or any affiliate thereof, to provide the returns indicated herein. Please be sure to understand the risks associated with investing in real estate and make appropriate assumptions; while 1-year (3rd party) warranties are typically offered as a mitigator for certain expense risks, they should not be a replacement for normal rental property assumptions. Any promotions or other marketing statements must be included in the transactional paperwork associated with the property in order to be valid. Please be sure to conduct your own due diligence and seek your own professional advice.



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