$26,000 - Rent-ready South Side Bungalow

[Jason Richardson]

We have a nice 2 Bed / 1 Bath home, which includes a new over-sized 1-Car detached garage. This is a great opportunity for a first time home buyer or investor. It can be rent-ready, very quickly, with just a few minor repairs. This property is located in a neighborhood that is seeing increased home values, and is close to downtown and shopping.

Here are the estimated numbers, as a cash-flow property:

Monthly Income - $650
Yearly Gross Income - $7,800
Yearly Taxes - $1000
Yearly Insurance - $600
Yearly Management/Maintenance Fees - $1,430
Vacancy (8%) - $650
Yearly NOI - $4,120.26
Rehab Cost - $1,000
Closing Cost - $1000

All-In Cost - $35,000 (includes repair)

FOR ONLY - $33,000

This deal won't last long. Contact us now!

Property Code: 1718CSB

Professional management and rehab services are available, and optional. Serious cash buyer inquiries only please. Buyer pays their side of closing costs (included in above estimate). We cannot guarantee the estimates shown above, as these are based on our due diligence. We recommend all buyers do their own due diligence prior to purchase. 

Please visit our website for additional photos at: www.lupainvestments.us