This is a home I personally purchased for $110,000. I have to do normal rehab. So you will see that the property needs work and worth approx $170,000. Let's look at the projected rental income on this property: Rent $1400 tax $222 Insurance $60 PM $125 Net $993 or $11,916 a year. I like this property and the key to the success of it when I sell it is to keep the property nice and updated to ensure I get top rents and better tenants. Need great Income/Investment Real Estate? Call me (Brett) 216-703-5740 Fathom Realty I partner up with Avalon Group Realty to do all the property management Call Lori 440-695-3379
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Thank you