Skip to content
×
Try PRO Free Today!
BiggerPockets Pro offers you a comprehensive suite of tools and resources
Market and Deal Finder Tools
Deal Analysis Calculators
Property Management Software
Exclusive discounts to Home Depot, RentRedi, and more
$0
7 days free
$828/yr or $69/mo when billed monthly.
$390/yr or $32.5/mo when billed annually.
7 days free. Cancel anytime.
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
Classifieds
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated almost 10 years ago on .

Account Closed
  • Miami, FL
7
Votes |
125
Posts

New Duplex Turnkey Immediate Double Rental Income Financing Available

Account Closed
  • Miami, FL
Posted

http://investorincomeproperties.com/475-broadway-a...

Now Including:

  • Guaranteed tenants for a minimum of 6 months or free replacement.
  • Tenant Guaranteed within 45 days or we will pay the rent.
  • 12 Month Home Warranty.
  • Immediate Rental Income via direct deposit.
  • Full back-end online property statements.
  • Free travel reimbursement if you purchase in bulk, free investor tours.
  • Hands-off investment opportunity. We do the work, you collect.

This duplex was recently renovated and is now turnkey in a nice suburban neighborhood! It features 1,146 square feet with 4 beds, 2 baths and driveway. You have the opportunity to purchase this double-income producing property at 29% less than its peak value of $84,000 in 2006! Take advantage of this great investment before the prices continue to increase in this renaissance market. Read here how market rents are projected to increase in the next year with the influx of workers coming to Cleveland for the 2016 Republican Convention.

  • Only $59,900
  • Available with up to 65% LTV financing
  • Past Peak Zillow Value: $84,000 in 2006
  • Current Zillow Value: $64,063
  • High Yield Property – Excellent ROI at 17.71%
  • 1 Year Property Management Paid
  • Immediate Income – Rents prorated at closing

Estimated Year 1 Analysis

  • Price  $59,900
  • Rent $11,100
  • Property Tax- $1,776
  • Insurance- $720
  • Full Mngt 1 Year Paid
  • Reserves- $600
  • NET Annual Income $8,004
  • All-cash ROI 13.36%
  • 50% Financed NET Annual Income $5,304
  • 50% Financed ROI 17.71%

Click here for more information.  

http://investorincomeproperties.com/475-broadway-a...

Now Including:

  • Guaranteed tenants for a minimum of 6 months or free replacement.
  • Tenant Guaranteed within 45 days or we will pay the rent.
  • 12 Month Home Warranty.
  • Immediate Rental Income via direct deposit.
  • Full back-end online property statements.
  • Free travel reimbursement if you purchase in bulk, free investor tours.
  • Hands-off investment opportunity. We do the work, you collect.
Offering