Solid, Remodeled Brick 3 Bed, Rented $850, $58,200 Everything New

[Chris Ramos]

Professionally managed by an honest, yes honest property management company. Check out the Remodel Remarks and give me a call with any questions. For more inventory go to www.partnersinvesting.com

Thanks and good luck!

REMODEL REMARKS:

COMPLETELY REMODELED WITH NEW:

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

FULL BASEMENT WITH GLASS BLOCK WINDOWS

**** REALISTIC, CONSERVATIVE ROI, WE PUT IN ALL THE NUMBERS SO YOU DON'T HAVE TO MAKE YOUR OWN ASSUMPTIONS. PLEASE MAKE SURE YOUR COMPARING APPLES TO APPLES WHEN LOOKING AT OTHER PEOPLE'S PROPOSED ROI'S GOOD LUCK!! ****

CASH FLOW ANALYSIS

850.00 Monthly Rent

$10,200.00 Gross Rents
-$1,020.00 ((10%)) Property Management Fee
-$1,604.00 Taxes
-$ 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

$5,240.00 Net Rents divided by

$58,200.00 Purchase Price equals

9.00% ROI