Скачать или смотреть 56 Month Tenant: 75 Gould Income Results

This property was purchased from a wholesaler and then there were issues in getting the property ready. They paid Approx $72,000 and added $12,000 in rehab for $84,000

The owner was a friend so I advised a new Garage on this property which they did and updated a bit.

We leased this property in August 2020 for $1050 a month. Very small 1 bathroom home but it produces. The rent has increased over the years and the same tenant has been in this property since Aug 2020 or 56 Months

Let's look at the Approx Net Deposited in the owners account. After Property Taxes, Insurance, repairs and Property Management

2020 $ 2,630
2021 $ 9,552
2022 $11,058
2023 $ 5,623
2024 $ 6,468
2025 $ 2,821

Total $38,152 Deposit in this Clients bank Account

Let's look at the Approx return on this property so far

Worth $160,000 Purchase + rehab $84,000 $20,000 need to update makes the equity

$56,000 Equity + 38,152 (rental income) = $94,152 or a 22% Return

No headaches, just income producing real estate with an equity kick!
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