3 Property Package Deal In Reading, Pa!! 85k!!!

[Shawn Connors]

Hey BP!!!

We have a 3 property package deal in Reading, Pa.

Here is the current NOI:

439 W Greenwich (Northwest) - 5br/1ba

**Tenants since 2009

Income: $885/month

Total/year: $10,620

Insurance: $406

Taxes: $995

Trash/recycling: $290

License: $100

Net Income: $8829

1035 Marion St (Northeast) - 5br/1.5ba

**Same Tenants since purchase.

Income: $725/month

Total/year: $8700

Insurance: $414

Taxes: $1163

Trash/recycling: $290

License: $100

Net Income: $ 6733

1243 N. 10th (Northeast) - 3br/1ba

*Same Tenants since purchase in 2007

Income: $625/month

Total/year: $7500

Insurance: $406

Taxes: $1104

Trash/recycling: $290

License: $100

Net Income: $ 5600

*Tenants pay all utilities (electric/heat/water), except Trash/Recycling. They are all very good, long-term tenants. We are very diligent with our screening process and only rent to clean/responsible individuals.

*Estimated Total Cash Flow After All Expenses (Including Vacancy, Repairs and Cap Ex)- $1008

***There will be deferred maintenance! Please do your due diligence.

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