2 bed/1 bath tenant occupied single family rental for sale in Monessen. The condition of the property is solid across the board, well maintained, with no deferred maintenance. Owners are retiring from the landlord business and are looking for a cash offer ASAP. PRO FORMA: Investment Px* $21,500 Tenant Occupied Yes Current Rent $525 Fair Mkt Rent (+/-) $600 Taxes (Annual) $933 Gross Operating Income $6,300 Operating Expenses $2,889 Net Operating Income $3,411 Cap Rate 16% **Assumes 7% Mgmt Fee, 5% Vacancy, and Fair Mkt or Actual Maintenance/Insurance/Utils
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