Quality, 4 Bed, 1 Bath Brick Home Built in 1970. $900 Rents.

[Chris Ramos]

REMODEL REMARKS:

SECTION 8 TENANT

COMPLETELY REMODELED WITH NEW:

• ROOF WITH 30 YEAR ARCHITECTURAL SHINGLES
• FURNACE
• HOT WATER HEATER
• VINYL WINDOWS
• VINYL SIDING
• KITCHEN CABINETS, COUNTER TOP, AND SINK
• TILE KITCHEN FLOORING
• BATHROOM VANITY, TUB, MIRROR, AND TOILET
• TILE BATHROOM FLOORING AND SHOWER SURROUND
• CARPET
• LIGHTING THROUGHOUT
• DOORS AND HARDWARE
• VINYL BLINDS
• INTERIOR TWO-TONE PAINT
• PLUMBING AND PLUMBING FIXTURES
• ELECTRICAL PANEL AND ELECTRICAL FIXTURES
• GLASS BLOCK WINDOWS
• GUTTER SYSTEM

FULL BASEMENT

EXCELLENT MANAGEMENT IN PLACE

CASH FLOW ANALYSIS

900.00 Monthly Rent

$10,800.00 Gross Rents
-$1,080.00 ((10%)) Property Management Fee
-$1,360.00 Taxes
-$ 0.00 Utilities
-$540.00 Minus Vacancy (5%)
-$1,080.00 Minus Repairs, Maintenance, City Fees, Etc. (10%)
-$324.00 Minus Leasing Fee (3%)
-$0.00 Lawn Care
-$500.00 Insurance

$5,916.00 Net Rents divided by

$64,300.00 Purchase Price equals

9.20% ROI

FOR MORE PROPERTIES PLEASE VISIT   https://www.partnersinvesting.com/