This is a nice ranch home in a good location. It is fully rehabbed with a renter in place. This is a TRUE TURN KEY INVESTMENT! Property management is also in place so you won’t be dealing with any phone calls from tenants. Purchase price is $22,500 cash, retail value is $30,000 (25% equity)!
Cash-On-Cash Return is 18%!!! Try getting that in the stock market or your savings account!
Note: Returns and projections are based off of estimates and/or research obtained at time of posting. Please do your own research and due diligence to verify your own numbers as the market, rent and expenses can change. This is a great upcoming area that we have targeted. While Zillow and E-Appraisal can be great resources in some areas, here we had to get more accurate appraisals from local Real Estate Agents. Always do your home work. Learn more about Dean's deals.
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Details
Sqft: 727 Cash Flow
Rent: $625/mo Research
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