VPR $230,000-$250,000. CASH FLOW KING!!! Property rented out at $400/tenant, allowing for maximum cash flow. Current rents at $2,400/mo ($28,800 GRI) with previous high rents of $3,600/mo ($43,200 GRI). Financed as is, property is ready to perform a $445/mo cash flow with a 9.3% return - WITH room to grow back to previous higher rents. Cash deal? Get ready for some thick mailbox money! Add this strong turnkey rental to your portfolio or keep your college student from throwing their rent money away to someone else. Property has 1 car garage and 2 additional parking spaces for each unit.
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Ferraro Real Estate Team - eXp Realty LLC
Brought to you by:
Fairway Independent Mortgage Corporation
Actual lender interest rates and loan programs may vary.