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PROPERTY OVERVIEW

Newer Construction - Built in 2005!
 
This immaculate and updated 3 bedroom 2.5 bath.
 
This bi-level home boasts an open-concept kitchen, vaulted-ceiling in great room, walk-out basement, ATTACHED 2 car garage and gazebo in the backyard for enjoyment!
 
Beautiful & newer construction will not last!

RENOVATION HIGHLIGHTS

  • City POS Compliant
  • Open Concept Kitchen
  • Newer Appliances
  • Fully remodeled baths

PROPERTY FEATURES

  • Large lot 
  • Finished Basement
  • 2 Car Attached Garage 

 

 

INVESTMENT HIGHLIGHTS

  • Rapid appreciation in this area Buy with Only 20% down
  • Full Management Available

Projected Year 1 Core Financials

Monthly Rent: $1,450

Gross Annual Income: $17,400

Property Tax: $3,754

 

Property Mgmt: $1,740

Insurance: $450

Projected NOI: $11,455

 

Cap Rate: 6.06%

 

Direct Price: $189,000

Price w/ Agent: $199,000

20% Down: $37,800

 

Cash on Cash: 7.6%

(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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