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PROPERTY OVERVIEW

Location, Location, Location! One block from red-hot Coventry Entertainment Block!
 
 
Nicely remodeled and spacious home ready for occupancy.
Includes bonus loft space, & basement.  1 car detached garage.
 
Recent updates include:

Fully painted exterior and interior I Rebuilt front porch & garage pad I New granite countertop
2 full baths remodeled I Upgraded lighting and fixtures throughout I New HWT

Now city POS compliant.

 

RENOVATION HIGHLIGHTS

  • City POS Compliant
  • Exterior and interior paint
  • New granite counter tops
  • Fully remodeled baths
  • New garage concrete pad

PROPERTY FEATURES

  • Large lot 
  • 3 bed, 2 bath + basement
  • 1 block from red-hot Coventry Entertainment Block!
  • Bonus, finished loft on third floor 

 

INVESTMENT HIGHLIGHTS

  • Rapid appreciation in this area Buy with Only 20% down
  • 1 Year Home Warranty w/ APHW
  • Full Management Available

Projected Year 1 Core Financials

Monthly Rent: $1,695

Gross Annual Income: $20,340

Property Tax: $6,870

Property Mgmt: $2,340

Insurance: $550

Projected NOI: $10,580

 

Cap Rate: 6.26%

 

Direct Price: $169,000

Price w/ Agent: $179,000

 20% Down: $33,800

 

Cash on Cash: 8.61%

(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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