* Current tenant in the process of moving. Property delivered vacant at closing. * 5814E, 5825C, 5814C Hunting Ridge Lane are the only units on the market. All are for sale at $44,900 * Property needs minimal repair to be rent ready. Door frame repair and minor cosmetic repair on downstairs ceiling. * Should rent quickly for at least $750 * 5829F Hunting Ridge Lane rented for $775 on 12/08/14 * 5807A Hunting Ridge Lane rented for $750 on 02/23/15 * Property Taxes are $503 a year or $42 a month * HOA fee $179 per month as of 6/1/15 * So $750 - 179 - 42 = $529 * $529 X 12 = $6,348 Annual return on investment * $6,348 Divided by $24,900 = 25.5% Cash On Cash Return! * Property Set up like a Townhouse, but governed as a condo. * Cash Offers Only
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.
