This comfy little rental home with a long term tenant has plenty of room for improvement to add onto it. It has a long driveway with an attached garage to the house.The rent range for this type of property is $631-797 so you could make it fit for you. Good portfolio builder and great fix and flipTotal Expenses - $57.50 / monthNet Cash Flow - $517.50 / monthNet Cash Flow - $517.50 / monthTotal Cash Invested - $30,015Net Operating Income (NOI) - $6,210.00 / yearCap Rate: 24.3Annual Return on Investment (ROI): 20.7%Return of Cash Invested: 4.8 Years
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