I finance homes for people that are not interested in renting and then work with my lender to sell the deal. This house has an annual rent income of $8,835.60. The taxes and insurance run $1,736.40. Since the occupants are purchasing, there are no management or maintenance fees. Therefore the net operating income (NOI) is $7,099.20 which represents a 13% Cap Rate. There are 238 more payments due as of December 2013. Only serious Investors or people interested in purchasing one of my homes in Bell County need reply.
This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.
