Nice Wholesale Long Term Buy And Hold!! - 21.27% ROI!!!

[Derrick Craig]

Nice Wholesale Long Term Buy And Hold!!

Status: AVAILABLE
Purchase Price: $29,900.00
Property Type: Single Family
Beds/Baths: 3 Beds, 1 bath
Square Feet: 1,300 sqft
Lot Size: 0.26 acres
Year Built: 1945
Occupancy Status: Rented

PROPERTY DESCRIPTION

Large front yard nice size den…

Currently Rented for $530 a Month
Property Management Fee $42.40 a Month
Property Taxes- $47.25 a Month
Insurance Quote -$45 a Month
Vacancy- $45.00

Maintenance- $50.00
CAP EX- $50.00
If purchased all cash no Mortgage you would expect to CASH FLOW- $250.35

ROI = 21.27%

Stated gross returns and cash flow do not take into account vacancy and repairs that WILL happen over time. All investors should allocate a reserve for maintenance and vacancy for any investment property. Vacancy and repairs are variable cost factors that can increase or decrease from year-to-year that will impact yields over time.

• Our sister company DCC RENTALS LLC can manage this property for you with ease 8% management fee which is negotiable if you allow us to manage more properties in your investment portfolio call 901-212-4476
• Stated gross returns and cash flow do not take into account vacancy and repairs that WILL happen over time.
• All investors should allocate a reserve for maintenance and vacancy for any investment property. Vacancy and repairs are variable cost factors that can increase or decrease from year-to-year that will impact yields over time.