Profit first! Always…Check out this property

 

 

Click here for Before Pictures 

Click here for After Pictures 

This property was purchased in February 2019 for $62,500 and the rehab on the property was approx $10,000 in rehab. 

Let's look at the Approx Net results and remember repairs that happened were taken from rent. 

This client did not know add any updates after 2019. The new returns were affected but you can be the judge of their returns. 

The property was leased before we finished it for $1150 a month. This tenant is the only tenant this property has been leasing for 54 months.   

Let's look at the years and approx net returns deposited in this client's bank account. 

2020 Net rent proceeds  $8,300

2021 Net rent proceeds  $7,464

2022 Net rent proceeds  $9,305

2023 Net rent proceeds  $7,649

2024 Net rent proceeds  $5,000

Total Approx Net Proceeds $37,716 deposited in this client's bank account.

Approx Net Worth $140,000

$140,000- $72,500 (Cost of home and rehab) = $67,500+ $37,716 Approx Net deposited in rent

Grand total; $105,216 in profit so far! 

Do the numbers and call me (216-703-5740) or WhatsApp me Key Realty and Property Management