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Updated over 5 years ago,

User Stats

87
Posts
10
Votes
Cynthia Wright
  • Hyattsville, MD
10
Votes |
87
Posts

100% OCC SFR RENT $1050 P/M CAP RATE 26%

Cynthia Wright
  • Hyattsville, MD
Posted

Buyer responsible to do their own due diligence. Property sold as-is. $1000 non-refundable, IKRE,LLC is selling it's equitable interest in the property.

Please email inquiries to Cynthia @ [email protected] photo/Lease agreements available!!!

Gross Rent - $1050 per month

Property - N 37TH ST / 1899 sqft

Notes - Large single family home with 4 bedrooms and 1.5 bathrooms, full basement, walk-up attic, circuit breakers, new roof, and modern furnaces (zoned heat: one in basement, one in attic). This house needs cosmetic repairs, but it can be a great rental property! Your tenants love to have over 1,800 square feet! The currents tenant pay $1050 month-to-month. plus their own gas & electric. Cash buyers only, sold AS-IS. Room sizes are estimated.

Extras - Deal can be purchased with property management , contractor, handyman, , property insurer, conventional lender etc... on day 1!!! Leverage my network for high success. Suggested strategy is buy then leverage with delay financing and pull 70% of appraised value back out and still cash flow. Infinite COCR after month 11.

N 37TH

Email all inquiries to [email protected]

Offering

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