Town-home rented Sale Price $122,000Cash Purchase$1,200.00 Rent$ -40.00 Monthly Insurance$ -235.00 Monthly Taxes=$ 925.00 Monthly Cash Flow(X12)/ 122,000 = 9% Return on InvestmentDescription:Located in the heart of Melrose Park, close to shopping, recently renovated (new roof, new furnace, new bathroom, new paint, hardwood floors on both levels, full basement partially finished, all season porch, 1.50 car garage + driveway, backyard with concrete patio, etc)
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