This home is currently rented at $550/mth. $550/mth X 12 mth = $6,600. $6,600-$2,400 estimated repairs = $4,200. $4,200 / $20,000 purchase price = 21% ROI.... $550 / 2% = $27,500. We are $7,500 less than the 2% rule. This home can be bought individually or it can also be included in a package deal if you are looking for a package or rentals. Please see attached list of other properties if you are interested in a package deal. Please run your numbers and do your diligence before making offers. Sorry, but no showings until we have a contract that is contingent on your viewing because we do not want to unnecessarily disturb the tenants.
This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.
