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Updated over 9 years ago,

Account Closed
  • Miami, FL
7
Votes |
125
Posts

Newly Renovated Rental Property

Account Closed
  • Miami, FL
Posted

Click here for more information.

http://investorincomeproperties.com/5045-philip-st...

This cape cod style single family home has just finished renovation and is move-in ready! It features fresh new carpeting throughout, 4 bedrooms, 1 bath with a new matching tile design, new granite counter and back-splash in kitchen, full basement and a detached one car garage. In addition, the roof on the home and garage have both been replaced! This property will be sold fully compliant with the Maple Heights Point of Sale Inspection at closing!

Inquire today for more information.

This property may qualify for:

  • Domestic investors can qualify for interest rates starting in the low 3% with only 20% down
  • Available with 80% LTV Financing – purchase for only $11,000 down!
  • Excellent Net ROI Year 1: 47.57%
  • 1 Year Property Management Paid for Cash Buyers
  • Estimated Year 1 Analysis
  • Price  $ 55,000
  • Rent  $ 11,400
  • Property Tax-  $ 1,512
  • Insurance-  $ 600
  • Full Mngt -  $ 1,140
  • Reserves-  $ 250
  • Net Annual Income  $ 9,048
  • All-cash ROI 16.45%
  • 80% LTV Conventional Financed Net Annual Income $ 5,232
  • 80% LTV Conventional Financed ROI 47.57%

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/5045-philip-st...

Offering