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Updated about 9 years ago,

User Stats

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

$70,000 - 3 Pack Turn Key Powerhouse - ROI 18.6%

Jason Richardson
  • Wholesaler
  • Bremen, IN
Posted

We have a great package of turn-key properties, all well maintained with long-term tenants, including a day care facility in one that is paying higher than market rate rent. No war zones; All quiet neighborhoods. This package brings in a monthly income of $2000. This is a great investment for any investor, 3 properties for the price of 1! Forget about the 2% rule, how about the 3% rule!! Get in on this great deal while it lasts!

2420 Prast Blvd, South Bend, IN 46628

3 Bed / 2 Bath / 1283 SqFt / 5405 SqFt Lot / Detached Garage / Built 1920

432 Kenmore Ave, South Bend, IN 46619

2 Bed / 1 Bath / 672 SqFt / 5494 SqFt Lot / No Garage / Built 1949

436 Kenmore Ave, South Bend, IN 46619 (Daycare)

2 Bed / 1 Bath / 992 SqFt / 5494 SqFt Lot / No Garage / Built 1949

All C Class Neighborhoods

Here are the numbers, as cash-flowing properties:

Our Price - $70,000

Monthly Income - $2,000

Yearly Income (Includes 1mo Vacancy each property) - $22,000

Yearly Taxes - $2,780.74

Yearly Insurance - $1,800

Yearly Management/Maintenance Fees - $4,400

Yearly NOI - $13,019.26

All-In Cost - $70,000

ROI/Cash On Cash - 18.6%

Professional management and rehab services are available. Serious cash buyer inquiries only please. Please visit our website address (below) for additional photos for this, and all our available properties.

Email for more information.

Offering

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