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Updated over 8 years ago,
Cash Flowing Texas Rental For Sale - $1200/rent selling at $116K
This house follows the Investor Rental 10% rule beautifully. It rents for $1200/month and priced at $119K
It is is a 3/2/2 in Corpus Christi, TX. Fellow investors - please do your own due diligence and let me know what kind of offer you would like to make. My mortgage lender and financial advisor recommended selling due to being unable to apply the rental payments towards income in a homestead purchase and wanting to pull my equity out of the property.
Cell is 818-679-1790 if you have questions.
Here is the link: http://prod.discovermls.com/ClientView.html?MLS_ID=CC&emailGUID=30de2c62-a447-4f92-a920-459adff1f9cf
Steven Bernal is the Corpus Christi Listing Agent and also an investor.
The listing is also just slightly above the tax value of the property.
Elizabeth