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Updated over 6 years ago,
Performing Rental with all major Cap Expenses addressed and More!
GOOD LOOKING HOUSE INSIDE AND OUT!
Take a look at the REMODEL REMARKS.
This one was done right! City Certificate of Occupancy, fully Permitted!
REMODEL REMARKS:
SECTION 8 TENANT
COMPLETELY REMODELED WITH NEW:
- ROOF WITH 30 YEAR ARCHITECTURAL SHINGLES
- FURNACE
- WATER HEATER
- VINYL WINDOWS AND BLINDS
- CARPET THROUGHOUT
- KITCHEN CABINETS, COUNTER TOP AND SINK
- TILE KITCHEN FLOORING
- BATHROOM VANITY, MIRROR, TOILET, AND TUB
- TILE BATHROOM FLOORING AND SHOWER SURROUND
- PLUMBING AND PLUMBING FIXTURES
- ELECTRICAL PANEL AND ELECTRICAL FIXTURES
- DOORS AND HARDWARE
- INTERIOR TWO-TONE PAINT
- GUTTERS
- LIGHTING THROUGHOUT
MAINTENANCE FREE VINYL SIDING
CASH FLOW ANALYSIS
850.00 Monthly Rent
$10,200.00 Gross Rents-$1,020.00 ((10%)) Property Management Fee
-$1,217.00 Taxes
-$ 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
$5,627.00 Net Rents divided by
$62,500.00 Purchase Price equals
Offering