This is a 3 Bedroom - 2 Bath house in great shape, will need minor TLC to get rent ready or spend $20k and flip it for a nice profit. Property needs mostly updating throughout or just spend $7k on paint and minor cosmetics to get rent ready, easy to show come see today. Can be easily rented between $1,200 - $1,400 visit this link to view rental comparison: www.rentometer.com Based on a tenant paying $1,300 here are the numbers: Gross Rent per year $15,600 Taxes per year $4,284 Insurance per year $1000 5% Vacancy rate $780 Total Net $9,536 Return on Investment 12% TO SCHEDULE A SHOWING PLEASE CALL JOHN AT 908-759-3161 SERIOUS BUYERS ONLY PLEASE. Buyer must be purchasing with cash, hard or private money, or line of credit and able to close within (10) days or less. 10% Non-Refundable deposit due within 48 hrs of acceptance. Property being sold "as is", any and all inspections and certifications, including Certificate of Occupancy will be Buyer's responsibility. Free and clear title, quick closing offered. TO MAKE AN OFFER CALL John at 908-759-3161. All information, regardless of source, should be verified by personal inspection by and/or with the appropriate professional(s). The information is not guaranteed. Measurements are solely for the purpose of marketing, may not be exact, and should not be relied upon for loan, valuation, or other purposes. The buyer is responsible at their sole cost and expense to obtain all required permits, approvals, and certificates, including but not limited to the certificate of occupancy and smoke detector certification.
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