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Updated about 8 years ago, 10/25/2016

User Stats

447
Posts
62
Votes
Dustin Rose
  • Investor
  • El Dorado Hills, CA
62
Votes |
447
Posts

$875 monthly rent for $55,000

Dustin Rose
  • Investor
  • El Dorado Hills, CA
Posted

$55,000 for $10,500 yearly gross rent.

$1,438 taxes

$750 insurance

$600 management

$7,712 net income = 14% cash on cash return for cash buyers. 28% cash on cash return for leveraged borrowers.

This was a one owner house that was extremely well taken care of. Has a newer roof, furnace and water heater.

Property report link below

http://media.wix.com/ugd/1ded68_2bf770628f8f46b1a2...

Offering

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