2 Property Package Deal in Reading, Pa!! Price Reduction! 62.5K!

[Shawn Connors]

Hey BP!!!

PURCHASE PRICE- $62,500

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

*Vacant*

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.

https://drive.google.com/drive/folders/0B8GT9qT98L...