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- Buy and hold for your own portfolio and earn a real net 13% cash on cash on your investment! My calculation factors all expenses associated including repairs, future maintenance, vacancy, and property management. Others may advertise a high cap rate, but they don't factor in repairs or other expenses associated with owning a rental property to give you the real cash on cash return. See Income Details below.
- Buy it for $25,797 complete the updates, place property management, and then sell it turnkey to your clients!
Zillow Rental Comps:
(One or two of the rental comps are duplexes. This is a single-family house which commands higher rent than a duplex.)
Zillow Rent Estimate $750
Turnkey Rental Repair Estimates - $7,500
- Full Basement
- Currently Rented at $680 per month
- Two blocks south of Little Flower
- Excellent Cash on Cash Return
- Covered Front Porch
- Walk to Kroger grocery store
- Install Central A/C or Window A/C
- Power Wash Porch or Paint Brick
- Power Wash Siding
- Replace Kitchen Cabinets
- Paint Kitchen
- Remove twigs from roof
- Flooring kitchen and bath
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Access: Buyer gets occupancy at closing. Property is currently occupied, to arrange access Please reply directly to this email to have Ben get you inside to see the house in person.
How To Buy: Ben's properties sell very fast many times sight unseen. Ben's properties are sold on a first come first serve basis to the best offer. Ben is open to all offers.
Only Available to Cash Buyers who can close quickly, Buyer always pay all closing costs. Deal is locked up when buyer executes contract and deposits non-refundable $2,500 EMD with Ben's title company.
We use our contract and we don't sign contract until buyers have completed due diligence. Many repeat buyers waive due diligence to secure purchases immediately.
If you're interested and would like to purchase this property, please contact Ben directly to have him send you the purchase agreement. Please email email@example.com Or you can call Ben directly on his cell: 574-329-3524
Earnest Money Deposit: Non-refundable $2,500 secures purchase.
Attention Realtors: Add whatever fee you’d like on top of our price for your fee if you have a solid cash buyer interested and ready to close.