-720 Melville Ave,
-Cap Rate: 10.57% + 55k equity
-Listing Price: $105,000
-Total monthly projected rental income: $1,600/mo
-Estimate Annual Taxes: $3,174
-Estimated Annual Insurance: $840
-Estimated Annual Maintenance Costs: $1,600
-** This estimate is based on any potential repairs the property may need over the course of a year. In our experience, this number is typically lower, but we always estimate on the high side.
-Annual Property Management: $1,920
-**The fee is 10% of the monthly rent.
-Annual Net Rental Income: $19,200
-Annual Cumulative Hard Costs: $7,534
-Adjusted Gross Annual Income: $11,666
-5 Year Return: $58,330
-10 Year Return: $116,660
We are a turn key real estate investment company
We do acquisition, rehab, tenant placement, property management. All under one roof
List price includes full rehab
Looking forward to answering your questions!
• Post ID: 5151611 anchorage