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PROPERTY OVERVIEW

Turnkey newly renovated property! Great opportunity for long-term tenant. Don't miss out, reserve now!

 

RENOVATION HIGHLIGHTS

  • Half bath added to basement
  • Large third-floor bedroom 
  • Exterior repairs and upgrades

PROPERTY FEATURES

  • Detached 2-car garage
  • Bungalow style property
  • Hardwood floors throughout main floor
  • Large front yard
  • Spacious basement for storage or recreation

INVESTMENT HIGHLIGHTS

  • Buy with Only 20% down
  • 1 Year Home Warranty w/ APHW
  • Full Management in Place
  • 9.99% Cap Rate
  • Great for new investors

Projected Year 1 Core Financials

Monthly Rent: $950

Gross Annual Income: $11,400

Property Tax: $1,753

Property Mgmt: $1,140

Insurance: $400

Projected NOI: $8,107

 

Cap Rate: 10.06%

Cash on Cash:

 

Direct Price: $76,000

Price w/ Agent: $79,000

20% Down: $15,200

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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