We have been updating this home during the Holidays and it will be listed for lease next week. Speed of updating is crucial to more income in any real estate property. There are a few minor issues that need to be finished and we will be able to find a great quality tenant quickly.
I love to show our results for our clients because they get ownership and 100% of the properties net income. No splitting up with multiple people, just the owner getting all the greenbacks. This property is another great example Rent $1300 Tax $225 Insurance $60 PM $125 net $890 Leased for 38 months $32,040 in lease after taxes,insurance and property management
Let's look at the projected new numbers after $8,050 updating. That's only $2.000 a year. Great properties get great tenants that take care of their property.
Approx New Rent $1450 Tax $225 Insurance $60 PM $125 net $1040That is a $1800 a year increase on the lease and the Equity is approx $100,000.
They say time is money and that is very true with real estate.
Call me (Brett) 216-703-5740 Fathom Realty or WhatsApp me
I partner up with Avalon Group Realty to do all the property management Call Lori 440-695-3379
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Thank you