11223 Lewis Avenue
This renovated income property is currently tenanted and will go fast. Call today!
Purchase Rent: $850
Maintenance & Vacancy: $51
Net Cash Flow = $623 x 12 (Months) = $7,476 Yearly Net Income
$7,476 (Yearly Net Income)/$74,000 (Purchase Price) = 10% COC
This message is from the company under which the author and it’s affiliates operate. This message is intended to inform the recipient. Management fees vary and are typically calculated at 10%. It is at the discretion of the author to determine a reasonable management fee. Insurance rates are typically calculated at $50 per month, per unit. Vacancy/Maintenance is calculated at 6% of the gross monthly rent. Down payment is calculated at 20% of the purchase price. Loan payment is calculated at 4% APR over 30 years. Recent sales and comparable are pulled from online resources, such as Zillow, RPR, MLS, City-Data. Cash on cash is defined as the cash income realized on the cash invested. It is the customers responsibility to check the accuracy of all data. The company and it’s affiliates may selling their beneficial interest in the property without taking title to the property. Licensed real estate professionals are staffed by the company and it’s affiliates. This company and/or its affiliates do not assume, warrant, or guarantee current or future values, rents, or costs. Leveraging properties results in a higher degree of risk. This company and/or its affiliates do not assume, warrant, or guarantee current or future values or costs associated with the construction estimate. Construction estimates are given for reference only and it is the customers responsibility to check the accuracy of the estimate. Difference of estimate and actual cost will be the sole responsibility of the buyer. After closing, the company will not be held liable for change orders, unforeseen repairs, or any other costs associated with the property. Rental properties involve risk and may not be for all investors. Investors should take legal advise before entering into a contract. Losses may be incurred greater than the amount initially deposited. Opinions, estimates, and projections in this email constitute the current judgement of the author.