Cash Flow - Duplex - Newburgh Heights

[Kevin Yoo]

Fully rented duplex in Newburgh Heights with long term tenants. Both tenants have been in residence for over 18 months and intend to stay.

Unit# 1 - Two Bedroom One bath: Rent $550.00
Unit# 2 - Two Bedroom One Bath: Rent $545.00 includes $50.00 for utilities

ROI (all cash) 9.8%

Property Rehab, Both Units Up and Down performed in Sept, 2015. Rehabbed items include:
-Replacement of carpets
-Paint throughout
-Basement repairs paint walls and fix water intrusion
-Repair/replace windows and screens
-Replace locks and faucet
-Sec 8 qualification repairs

Oct, 2018: Rental Inspection/Point of Sale Inspection being performed. Plan to have clear POS.Consistent cash flow. Rental income is verifiable. Property management income and expense reports from local real estate licensed property management company.

Feel free to drive by the property but do not disturb tenants. Email [email protected] for more information and I will send you link to Google Drive with more property information.

This is a true for sale by owner. Main reason selling property is owned in 401k and only way to move the property out is through a third party sale.

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Email: [email protected] if interested.