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Updated over 9 years ago on .

Account Closed
  • Miami, FL
7
Votes |
125
Posts

Price Reduction on Fully Tenanted Turnkey Triplex

Account Closed
  • Miami, FL
Posted

Click here for more information

http://investorincomeproperties.com/3038-e-116th-s...

This three family property features a total of 2,736 square feet, six beds, three full baths, basement, front porch and a detached two car garage. A triplex is a great way to triple your monthly passive cash flow. It had extensive renovations done within the past few years and is fully tenanted. The roof was replaced in 2009.

This property comes with a six month re-rent guarantee – If a tenant vacates the property within the first six months of ownership, the property management company will place a new tenant free of charge. Inquire today for more details.

  • Estimated Year 1 Analysis
  • Price   $ 59,900
  • Rent   $14,400
  • Property Tax   $ 1,204
  • Insurance-   $ 600
  • Full Mngt  1 Year Paid
  • Reserves-  $ 500
  • Net Annual Income   $ 12,096
  • All-cash ROI 20.19%
  • Only $66,900 $59,900!
  • Current Zillow Value: $112,538!
  • Past Peak Sale: $85,000 in 2006!
  • Past Peak Zillow Value: $168,000!
  • High Yield Property – Excellent ROI at 20.19%!
  • 1 Year Property Management Paid to Cash Buyers!
Offering