Aug 082009
These are NOT the typical low-end, trash properties everyone
else is selling that you’ll never be able to re-sell or rent out.
- Properties are located in stable, middle class neighborhoods
- Already rehabbed with tenants in place
- Tenants with 2-year lease with option to purchase
- Financing available
This is an unbelievable opportunity to do NOTHING and generate cash flow!
Here is an example of the last deal we closed:
| Purchase Price | $78,000.00 |
| Closing Costs: | $1500.00 |
| Total Cost: | $79,500.00 |
| Monthly Figures: | |
| Rental Income | $1095.00 |
| Taxes & Insurance | -$200.00 |
| Property MGMT Fee (8%) | -$88.00 |
| NET Cashflow | $807.00 |
| Annual Cashflow | $9,684.00 |
| Cap Rate | 12.2% |
- Current inventory is located in Memphis, TN.
- Investment is completely hands-off
- Property Management in place to deal with all tenant issues
Limited Supply Serious buyers only!
or
Call my partner Scott at 813-283-8096