STANDARD SALE!! GREAT FOR INVESTORS!! SELLER JUST SIGNED A ONE-YEAR LEASE WITH A TENANT.Located in the beautiful desert of Lucerne Valley, quiet living at it's best. Awesome mountain views. Close to pavement. Chain link fenced yard all around with gates. Nice natural landscaping. Three bedrooms and one bath home. Wood beam ceilings in living room and bedroom. Fireplace in living room. Newer cabinets and counters in the kitchen. Separate dining room. Interior freshly painted. Attached two-car garage plus Detached two-car garage with garage door opener, shelves, workshop table & one extra bathroom with toilet and shower(unfinished). Bring your toys! Owner Financing may be possible with sizable down payment. PER SELLER: Taxes $539; Insurance $252; All utilities paid by the tenants; Total operating expense $791; Gross Rental Income $780 X 12= $9,360; RETURN ON INVESTMENT=$9,360. $49,000=19.10%; Net rental income:$9,360 minus $791= $8,569. Cap Rate $8,569, $49,000=17.49%. Brokered And Advertised By: CENTURY 21 Rose Realty Listing Agent: Linda Pennington
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