Indianapolis Duplex - 20% NET return - Rented, Rehabbed, Turnkey!

[Jack Gibson]

1 Year Leases at $625 started in March 2016.  Fully Rehabbed, all construction pics in dropbox link.

Purchase Price:  $60,000

Rental Income:    $15,000

PM (10%):          $1500 (Management is in place and has 6% vacancy rate across 350 properties)

Taxes:                $0 (1st year already paid, 2nd year $400

Insurance:          $600

Maintenance:     $500  (may not be this high as just rehabbed but just in case)

Total Net:  $12,000 (factoring 2nd year taxes)

Cash on Cash Return:  20%

My contact info:  Cell:  269-369-9654, Email: [email protected]

Rehab Construction pics:   https://www.dropbox.com/sh/2ypstoeuhet2wjr/AAA8Mad...