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PROPERTY OVERVIEW

This area is our portfolio FAVORITE! Great tenant with a lease through 02/22.
 
Excellent area mostly comprised of home owners - great for long  tenant retention as rental supply is extremely limited. 
 
 Over 20% Cash on Cash return projection for our financed Buyers - based on core financial estimations.
(Additional incentive would be applied to any cash Buyers)
 
 
Recently updated kitchen, flooring & bath, with an entire finished basement complete with a built in bar. 
 

RENOVATION HIGHLIGHTS

  • Nicely updated kitchen
  • Newer Appliances
  • Newer carpet and flooring

PROPERTY FEATURES

  • Large lot 
  • Finished basement + built in bar
  • Very popular area

 

 

INVESTMENT HIGHLIGHTS

  • Picture-perfect, Turnkey property
  • Rapid appreciation in this area
  • Full Management Available

Projected Year 1 Core Financials

Gross Monthly Income: $1,350

Gross Annual Income: $16,200

Property Tax: $2,298.65

 

Property Mgmt: $1,620

Insurance: $500

Projected NOI: $11,782

 

Cap Rate: 9.10%

 

Direct Price: $129,000

Price w/ Agent: $135,000

20% Down: $25,800

 

Cash on Cash: 23%

(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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