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I like to update our real estate income as we go. This property has the same Tenant that has been there for 37 months and is a great tenant
Check out the information below. We also replaced the water heater this year in this home. This property just keeps pumping Income.
2024 Net $8,349
2025 Net $1,644
Total rental income $45,994
We purchased the property in 2019 for $80,000 with $10,000 rehab and today that property is worth approx over $220,000. Let's look at the Approx Returns on this home.
Approx Equity $130,000 + $45,994= $175,994
The return is Still approx 39% return.
Need Good consistent income and equity? 2 tenants
Call me (Brett) 216-703-5740 Key Realty or WhatsApp me
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