Fremont, CA · Member since 2015 · 289 posts · 63 votes
Posting for a fellow investor friend. I am not a whole seller(no fees involved) if you are interested in this property i will connect you with the seller directly
Here are the numbers for cash
MONTHLY FINANCIAL P&L $1,100 Gross Income from rents
152 Property taxes $1818/year) 70 Insurance
Tenants pay u li es AND they mow the grass and shovel the snow!
110 Property management (10% of rents - I'm paying more but this is the norm. 45 Maintenance - the property was just renovated
$723 Net operating income/month
Seller is willing to carry here is one example structure
MONTHLY FINANCIAL P&L $1,100 Gross Income from rents
152 Property taxes $1818/year) 70 Insurance
Tenants pay u li es AND they mow the grass and shovel the snow!
110 Property management (10% of rents - I'm paying more but this is the norm. 45 Maintenance - the property was just renovated
$723 Net operating income/month
Please reply to me or to this post I will connect you guys