3 Bed + 1 Bath + Garage
756 Sqft Home
5,227 Sqft Lot
Built in 1944
Purchase price is $42,500 net to seller
Rented month-to-month @ $650/mo. Renter pays all utilities and yard maintenance.
Est market rent @ $950/mo which makes a 27% cash on cash return.
Same renter for last 6 years. Never late on rent.
Laundry area. Exterior work was done in 2015. New windows. New siding. Concrete in the back yard replaced.