New Property EXCELLENT Condition

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http://investorincomeproperties.com/18104-waterbur...

This single family home is in excellent condition and ready for investor. It features 1,402 square feet with 3 beds, 1 bath, basement and a detached garage. Quality work was performed to pass the stringent point of sale inspections of the Maple Heights building department. Take advantage of this great investment before the prices continue to increase in this renaissance market.

• Key Features

• Only $55,900
• Current Zillow Value: $57,914
• Current County Value: $69,400
• Past Peak Zillow Value: $118,000 in 2007
• High Yield Property – Excellent ROI at 22.05%
• 1 Year Property Management Paid

• Estimated Year 1 Analysis
• Price $55,900
• Rent $10,800
• Property Tax- $2,196
• Insurance- $600
• Full Mngt 1 Year Paid
• Reserves- $240
• NET Annual Income $7,764
• All-cash ROI 13.89%
• 50% Financed NET Annual Income $5,244
• 50% Non Recourse Financing ROI 18.76%
• 20% Conventional Financed NET Annual Income  $6,162
• 20% Conventional Financed ROI 22.05%

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.