Make Money and create wealth through Real Estate! :1620 Harwick Profit Update

 

This property was purchased for $84,000 in July of 2018. Let's see how this property has done since then. Rehab was $3200 to get this one up to rent

We leased this home in August  2018 in just 10 Days 

Approx 2018 Numbers Rent $1300 Tax $300 Insurance $60 Property Management $125 net $815

Those tenants stayed until Sept 2020 and was leased again in 7 Days

Approx 2020 Numbers Rent $1300 Tax $300 Insurance $60 Property Management $125 net $815

These tenants stayed Dec 2022 and we leased it again for $1400 in 6 Days January 2023

Approx 2020 Numbers Rent $1400 Tax $300 Insurance $60 Property Management $125 net $915

This client is making excellent consistent income with this property while it also goes up in equity

Today this home is worth in the $200,000 area.  This client has $100,000 equity in this home with all the repairs. You also need to add the income on this property from 2018.

Approx Gross income with little repairs is $39,345..........Quality properties generate more consistent income and more equity to create wealth.

Homes are less headache and more consistent income purchased in certain locations.

Need good consistent income and equity that can create wealth?

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

Get more information on our Income Real Estate Results 
 

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