15% returns on this Pittsburgh Rental

[Sean H.]

For my landlords who want to make their own equity and get a great return this is the house for you. Granted she’s small, but she brings a king’s ransom in return. Rents will range between $1,000 and $1,200. That means conservatively if you put an additional $20,000 into this property you will have a cap rate over %15 after removing taxes and withholding.

Unbiased Walk through:

https://www.youtube.com/watch?v=iQt78xeemcQ

Income Breakdown

$1,000/ Month

Taxes (Post Sale) : 1018.65

Net Income after 10% Withholding = $9,781.35

Cap Rate = 15.05%

Purchase Price $45,000

2900 Patterson St, Pittsburgh, PA 15203

Zestimate®: $86,016