This lovely ranch home located in point place has been occuppied for over 3 years by a single tenant who pays the monthly rent ($795 monthly) on time without any problems. This great home features 3 bedrooms, 1 bath, living room/dining room combo, updated kitchen, bath, carpet and flooring. Detached garage and private drive with newer windows complete this home.
Here is the cash flow projection for this property:
Annual Rents: $9,540.00
Annual Real Estate Taxes: $1,252.00
Annual Property Insurance $ 576.00
Annual Net Income Projection: $7,712.00 |