This is a nice ranch home in a good location. It is fully rehabbed with a renter in place. 2 bed 1 bath. 1car detached. Cute and clean home in quiet neighborhood. Close to freeways, schools and shopping. Fenced yard, updated bath, 2 Large bedrooms, large deck for entertaining, newer roof, washer & dryer, hard wood floors.
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 $31,500 cash, estimated retail value is $38,950 (20% equity)!
Cash-On-Cash Return is 16%!!! Try getting that in the stock market or your savings account!
Note: All purchases are subject to a one time transaction fee of $795. 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 homework. Learn more about Dean's deals.
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Details
Sqft: 763 Cash Flow
Rent: $725/mo Research
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