Friday, June 29, 2012

3 Bed / 1 Bath / ROI Over 16%

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3 Bed / 1 Bath Cash Flow Machine with covered porch. Take a look at this well maintained property. View flyer @ equitydealsnow.com REPAIRS: repair cost estimate = k. Update Electric, needs refrigerator, stove, washer and dryer, replace gutters, downspouts, fix leaky AC, replace 1x floor joist, carpet, paint. RETURN ON INVESTMENT: The median rent in the area is 0/mo. With an upfront investment of 800 (principal, repairs, closing costs), rent @ 0/mo and a vacancy rate of 13% you will see income around 75. After expenses (taxes, insurance, maintenance, and property management)costing 56 you should see a Net Operating Income around 19. Calculate the Cash-on-Cash return for year one around 16.86% (This doesn't include any tax deductions or tax benefits). This property is prime for cash flow, don't let these investments sit any longer, the longer you wait the less you make. Call Now!
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