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Updated about 6 years ago,

User Stats

28
Posts
4
Votes
Keith Winkler
Pro Member
  • Specialist
  • Collinsville, IL
4
Votes |
28
Posts

21 SFH Properties - 24%+ Cap Rate - Cahokia Illinois

Keith Winkler
Pro Member
  • Specialist
  • Collinsville, IL
Posted

Are you looking for an income property opportunity with a Cap Rate over 10%? Over 15%? Over 20%? How about 24%+?

WE HAVE THAT OPPORTUNITY!

Introducing a GOLD MINE Investment Property Package in the metro St. Louis area!

21 Single-Family Homes

This package features mostly 3 BR/1 BA ranch-style houses on a slab! There are a couple 2 BR/1 BA and a couple 4 BR/1 BA properties mixed in, too.

16 rented, 5 vacant but soon to be rented, and ALL are managed by a very reputable property manager who KNOWS the area!

The numbers make this deal a "no-brainer."

Sales Price - $383,990.00 (Avg. $18,285.24 EACH!)

Annual Gross Income - $179,520.00

Annual Expenses (incl. Taxes, Ins., Prop Mgmt & Maintenance) - $85,555.00

Annual Net Income - $93,965.00

CAP RATE = 24.47%

Serious cash buyers ONLY

Must have proof of funds!

Contact us TODAY, before this offer is gone!!

618 791-8989

  • Keith Winkler
  • Offering

    Loading replies...