Beautful Newly Renovated Rents Prorated

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http://investorincomeproperties.com/5455-fenlake-r...

FINANCING AVAILABLE REGARDLESSS OF CREDIT !!!

This single family home was recently renovated to owner occupant standards in a beautiful suburban neighborhood! Upgraded throughout - granite counter tops, ceramic tile kitchen flooring stainless steel appliances. It features 1,188 square feet with 3 beds, 1 bath and an attached garage. You have the opportunity to purchase this beautiful property at 40% less than its peak sale of $125,000 in 2006! Take advantage of this great investment before the prices continue to increase in this renaissance market.

• Only $80,000 $75,000!
• Available with up to 65% LTV financing!
• Past Peak Sale: $125,000 in 2006!
• Current Zillow Value: $85,703
• High Yield Property - Excellent ROI at 14.50%
• 1 Year Property Management Free
• Immediate Income – Rents prorated at closing

• Estimated Year 1 Analysis
• Price$ 75,000
• Rent$ 12,000
• Property Tax- $ 2,350
• Insurance- $ 600
• Full Mngt 1 Year Paid
• Reserves- $ 250
• NET Annual Income$ 8,820
• All-cash ROI11.76%
• 50% Financed NET Annual Income$ 5,439
• 50% Financed ROI14.50%

http://investorincomeproperties.com/5455-fenlake-rd-bedford-heights-oh-44146/