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Updated over 7 years ago on .

Sky Mikesell's profile image
Sky Mikesell's profile image
Sky Mikesell
  • Principal
  • from Charlotte, NC
  • Member since Feb 4, 2010
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User Stats

200
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89
Votes
Sky Mikesell's profile image
Sky Mikesell's profile image
Sky Mikesell
  • Principal
  • from Charlotte, NC
  • Member since Feb 4, 2010
Connect
Sky Mikesell
  • Principal
  • Charlotte, NC
89
Votes |
200
Posts
Classifieds

Solid Rental Property

Sky Mikesell
  • Principal
  • Charlotte, NC
Posted

Turn-key Rental Fully renovated with HUGE cash flow. 18 month lease with Rent Guaranteed for next 12 months.

Renovation updates include; new hvac, new water heater, new plumbing fixtures, new flooring, new everything inside!

The Numbers:

Purchase Price: $59,000

Rented for $750/mo. Rent automatically increases to $790 in 12 months.

Monthly expenses: Property Tax: $65.75/mo Insurance: $45.00 Property Management: $67.50

NET MONTHLY CASH FLOW: $572.75

NET https://www.dropbox.com/sh/hj2iao43lm075h5/AAClqrh...

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