Investors, Looking for above market returns?This is a wholesale price on a turnkey rental property with terrific returns: Market value: $148,000 to $154,000Monthly cash flow: $250 to $700Cash on cash return from rents: 10% to 27% Additional equity capture: $10,000 to $18,000The higher amounts come from doing minor finish work to convert existing finished spaces into two more bedrooms.It is currently a 3 bed/2 bath home with an office and basement living area that can easily be converted into two more bedrooms by finishing out closets in each and a small wall/door in the living area. Total additional cost about $1,500 to increase rents by $450/mo. It's a great investment.If you are an investor looking to add to your portfolio, this property is perfect.For more information and to purchase this property contact Deylight Real Estate LLC at (801) 901-0813 or aspenhomes@live.com.
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