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Updated over 6 years ago,

User Stats

1
Posts
1
Votes
Matt Buschmann
Pro Member
  • Real Estate Investor
  • W Hartford, CT
1
Votes |
1
Posts

$600+ Monthly Cash Flow Condo

Matt Buschmann
Pro Member
  • Real Estate Investor
  • W Hartford, CT
Posted

Recently updated 2bd/1ba Wethersfield Gardens condo. Brand new kitchen and bathroom flooring, fresh paint and durable bedroom and living room hardwood floors make this condo rent ready TODAY. The last two tenants were on long term leases for $950/mo. Located on Wethersfield Ave giving tenants easy access to the bus line. One assigned parking spot. Extremely low annual tax bill. Currently unoccupied. FSBO.

Potential NOI Monthly Breakdown
Rent             +$950
HOA -$255
Insurance      -$35
Tax                 -$40
Cash Flow +$620.
Yearly Cash Flow of $7,440

Cash on Cash return of 20%

Please reply for additional information, photos, and showing times. 

  • Matt Buschmann
  • Offering

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