Cash Flowing Machine 32.22% Cap Rate on your return!!2 bed 1 bath Partial basement/slabYear Built: 1950Living Area (Approx. sq. ft.): 840Tax Neighborhood Code: 6066 Parcel Area (Approx.): 0.24 (acres), 10,567.13 (SqFt) PRICE $14,500.00Rehab $5,000.00Total investment $19,500.00Monthly Est rent $700.00Monthly tax expenses from county records $46.36Monthly insurance expenses $60.00Monthly mgt expenses (10% of rent) $70.00Monthly rent after expenses $523.6 x 12 Total $6,284CAPRATE / RETURN 32.22%
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