Paid $87,000 for this property. After repairs and updates we had approx $120,000 (includes rehab to sell this property) in this property.
The home was leased in 2020 for $1250 a month. The Net after taxes, Insurance and Property Management was approx $27,000 net.
Only one tenant in this property for 3 years Property Sold for $165,000 in 16 Days after closing cost the approx net $40,000
Total Approx Net $67,000 in 36 months
Call me (Brett) 216-703-5740 Fathom Realty or WhatsApp me
0 Comments