How long it will take to lease any property is based on the marketing and how aggressive a company is at doing it.
The property was put up for lease January 4th and the tenant moved in Feb 1st. Less than 30 days after listing the property is cash flowing at $1500 a month! It takes a lot of marketing and getting a potential tenant to a final tenant. With a 21 month average for our tenants this will be a great income property for a long time. This property is a great example of being leased for 4 years and maxing out the existing flooring. This gets our clients more income and less cost. Approx Rent $1500 Tax $226 Insurance $60 PM $125 Net $1089 Equity Approx $90,000 to boot This property has already performed great income for the last 4 years with one tenant. Need this kind of service for your income/investment real estate? Call me (Brett) 216-703-5740 Fathom Realty or WhatsApp me at the same number. Everything under one roof works for my investors. I partner up with Avalon Group Realty to do all the property management Call Lori 440-695-3379
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Thank you