20 Turnkey rental properties from 20-30% cap rate! Baltimore area

[Jae Ham]

20 turnkey rental investment property package deal! All in the baltimore, MD area. 

Sale price : 1.3 million, thats about $65k per property.
Ranging from 20-30% cap rate compared to standard 10% cap. Individual assessment combined is over 1.5 million. You would buy with instant equity!
Gross per year as of now is $224,112. Gross per month $18,676.00.
All properties are already rented except for two units about to be rented which is not included in this gross. Few of the units are section 8. Most rental rates are below market and can easily be increased without issues. Expected gross return would exceed $280k per year.
All properties has been renovated and has lead certifications.

Proof of funds is required for more information. Please email me at [email protected]

[Ned Carey]

@Jae Ham  Excuse me  but this is  deceptive and an incorrect ad.

At 1.3 million sale price the NOI would have to be $260,000. You are claiming the NET will be higher than the current gross revenue.