This 2 bed, 2 bath duplex was converted to a single family home. Roof is 3 years old. 100 amp electrical service. Plumbing has been redone, just needs to be hooked up. New shower, sinks, and toilet. New furnace. New walls ready to paint. Some flooring done. Built in 1900 1,020 Sqft Purchase Price $25,000
Estimated Rehab $15,000
All In: $40,000
Estimated Rent: $850
Insurance $50
Taxes $30
Management (10%) $85
Maintenance & Vacancy (5%) $47
Monthly Cash Flow $638
Net Operating Income $7,656
Cash On Cash Return 19% |
