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Updated almost 10 years ago on .

Account Closed
  • Miami, FL
7
Votes |
125
Posts

Newly Renovated, New Tenant, Prop Management in Place

Account Closed
  • Miami, FL
Posted

Click here for more information.

http://investorincomeproperties.com/5647-south-blv...

One of the most extensive renovations done to date.

This single family home was recently completely renovated from top to bottom. From brand new appliances to new garage roof - no stone left unturned.It features 1,200 square feet with 3 beds, 1.5 baths, and a detached garage. Extensive and quality work was performed to pass the stringent point of sale inspections of the Maple Heights building department.

You have the opportunity to purchase this turnkey property at 46% less than its peak Zillow value of $111,000 in 2007. Take advantage of this great investment before the prices continue to increase in this renaissance market.

  • Only $59,900
  • Current County Value: $62,900
  • Current Zillow Value: $78,982
  • Past Peak Zillow Value: $111,000 in 2007
  • High Yield Property – Excellent ROI at 13.06%
  • Leased to new tenant while renovations were being completed
  • 1 Year Property Management Paid
  • Estimated Year 1 Analysis
  • Price$ 59,900
  • Rent$ 10,800
  • Property Tax- $ 2,136
  • Insurance- $ 600
  • Full Mngt 1 Year Paid
  • Reserves- $ 240
  • NET Annual Income  $ 7,824
  • All-cash ROI 13.06%

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.

Click here for more information.  

http://investorincomeproperties.com/5647-south-blv...

Offering