Skip to content
Two investors reviewing resources on a laptop

Get industry-leading resources — for free

Unlock resources for every investing strategy and stage with a free account.

By continuing, you agree to BiggerPockets LLC's Terms of Use and Privacy Policy

×
Take Your Forum Experience
to the Next Level
Create a free account and join over 3 million investors sharing
their journeys and helping each other succeed.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
Already a member?  Login here
Followed Discussions Followed Categories Followed People Followed Locations
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

User Stats

91
Posts
11
Votes
Jason Richardson
  • Wholesaler
  • Bremen, IN
11
Votes |
91
Posts

$23000 - Great Investment Property - 13.3% ROI

Jason Richardson
  • Wholesaler
  • Bremen, IN
Posted

We have a wonderful 3 bed / 1 bath home that we are selling for $23,000. It is currently occupied but the renters will be moving out shortly. The house is in great condition and has been well maintained. There is no rehab needed, it is rent ready!

5** Birdsell St, South Bend, IN 46628

Total Monthly Income - $600

Yearly Income (Including 1mo vacancy) - $6,600

Yearly Insurance - $600

Yearly Management and Maintenance - $1,320

Yearly NOI - $3,059.64

ROI - 13.3%

The last two digits of the addresses have been removed so that the tenants can continue to enjoy the right for peaceful and safe living. If you are serious about this package and can prove that you are a legitimate buyer, then the rest will be given to you during your due diligence period. We provide in-house property management and rehab services to our buyers, if needed. Serious inquiries only. Email for more information.

Offering

Loading replies...