Performing Rental with all major Cap Expenses addressed and More!

[Chris Ramos]

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