5655 Columbia Long Term rental that's Paid Big Income

 

This property was purchased in almost 4 years ago for just $62,000 and was first leased on May 18th 2019 for $1250 a month. That tenant stayed for over 4 years. After Taxes, Insurance and Property Management this client netted approx $41,040 in rent 

Fast forward until today and the lease has gone up to $1400 a month! That is an 11% increase in rent. The area also has a great increase in equity and is a nice area to live in. That is because it's a great location and desirable to live in. 

This property like our other properties has performed great for our clients and they can relax knowing that we are taking care of their assets.  

Approx Equity $70,000 Call me (Brett) 216-703-5740 Fathom Realty or WhatsApp me

Get more information on our Income Real Estate Results 
 

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