Quality Rental, Conservative Numbers = 9.5% ROI $55,700 SECT 8

[Chris Ramos]

If you're looking for a Fully Remodeled, Quality Rental with realistic numbers then take a look at this property!

Brick 2 bedroom home with a 2 car garage, with a Section 8 Tenant.

FOR MORE PROPERTIES VISIT www.partnersinvesting.com

REMODEL REMARKS:

SECTION 8 TENANT

COMPLETELY REMODELED WITH NEW:

• ROOF WITH 30 YEAR ARCHITECTURAL SHINGLES
• FURNACE
• WATER HEATER
• VINYL WINDOWS
• KITCHEN CABINETS, COUNTER TOP, AND SINK
• TILE KITCHEN FLOORING
• BATHROOM VANITY, MIRROR, AND TOILET
• TILE BATHROOM FLOORING AND SHOWER SURROUND
• DOORS AND HARDWARE
• LIGHTING THROUGHOUT
• INTERIOR TWO-TONE PAINT
• WINDOW COVERINGS
• PLUMBING AND PLUMBING FIXTURES
• ELECTRICAL FIXTURES

FULL BASEMENT WITH GLASS BLOCK WINDOWS

EXCELLENT MANAGEMENT IN PLACE

CASH FLOW ANALYSIS

850.00 Monthly Rent

$10,200.00 Gross Rents
-$1,020.00 ((10%)) Property Management Fee
-$1,552.00 Taxes
-$ 0.00 Utilities
-$510.00 Minus Vacancy (5%)
-$1,020.00 Minus Repairs, Maintenance, City Fees, Etc. (10%)
-$306.00 Minus Leasing Fee (3%)
-$0.00 Lawn Care
-$500.00 Insurance

$5,292.00 Net Rents divided by

$55,700.00 Purchase Price equals

9.50% ROI