$40,000 Single family home tenant occupied, 10% return in cash flow in Springfield, Ohio

$40,000
Single family home tenant occupied, 10% return in cash flow
$40,000
Single family home tenant occupied, 10% return in cash flow
$40,000
Single family home tenant occupied, 10% return in cash flow
$40,000
Single family home tenant occupied, 10% return in cash flow
Price: $285
Seller:
Type: Houses for sale
State: Ohio  City: Springfield  Category: Houses for sale
Houses for sale in Ohio
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View similar ads: Houses for sale, Houses for sale in Ohio

Are you looking for rental properties for your portfolio? We have a single fam home with 3bed 1bath and two garages. Property has tenant, clean title and property manager already in place. This property is already generating more that 10% return. Expenses are $285.36 After expenses monthly cash flow is $339.64 Yearly cash flow is $4,075.68 Ten percent of $40k is $4,000 per year. So actually the purchaser is making more than 10% return, even with property management and maintenance fees. Maintenance acct is set up as part of expenses, like a reserve acct. You only use from maintenance acct when it is needed.Please call or txt 605 496-xxxx