Attention Landlords - This One Is For YOU - GREAT CASH FLOW POTENTIAL Lots of rehab already completed. Minimal work to get Move-In Ready. Big fenced yard. Low maintenance. Here Are the Numbers - Purchase Price ($14.9K) Closing Costs ($1K) Rehab Cost ($7k) Total all-in price $22.9K After-Repaired Value (ARV) $35K - $39K EQUITY CREATED DAY OF PURCHASE - $12k - $16k Market rent ($475 - $625/Unit) = $6,300 @ $525 Less Vacancy @ 5% ($315) Less Property Taxes ($515) Less Insurance ($650) less Property Mgt. @ 10% ($599) Net Operating Income = $4,222 RETURN ON TOTAL INVESTMENT - 18.44% For More Details, CALL RICK - (904) 685-6834, or Email - Rick@WholesaleHousesOfJax.com
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