Nice Passive Income Property- Rented $625 Status: AVAILABLE Purchase Price: $48,000 Property Type: Single Family Beds/Baths: 3 Beds, 2 Baths Square Feet: 1,100 sqft Lot Size: .165 Acres Year Built: 1959 Occupancy Status: Rented- Sec 8 tenant PROPERTY DESCRIPTION Rented Sec 8 1 yr tenant- $65 Taxes- $819 a yr Insurance- $375 a yr PM FEE 8%- $53.60 a month Stated gross returns and cash flow do not take into account vacancy and repairs that WILL happen over time. All investors should allocate a reserve for maintenance and vacancy for any investment property. Vacancy and repairs are variable cost factors that can increase or decrease from year-to-year that will impact yields over time. Our sister company DCC RENTALS LLC can manage this property for you with ease 8% management fee which is negotiable if you allow us to manage more properties in your investment portfolio • Stated gross returns and cash flow do not take into account vacancy and repairs that WILL happen over time. • All investors should allocate a reserve for maintenance and vacancy for any investment property. Vacancy and repairs are variable cost factors that can increase or decrease from year-to-year that will impact yields over time.
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