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Agent Spotlight




LewisJohnson
BIP Realtors Inc

1764 Davis Streert
Fremonet 94087
California




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Home
> For Sale > Apartment Buildings(5+ Units)
Listing ID: 5052

*5 Turnkey Properties - 70% LTV *$386K*

$386000 Sold
We can finance it!
Property Description

Turnkey rental property portfolio located in Michigan suburban neighborhoods. All properties offered are minimum 3 bedroom ? 1 bath, brick exterior, ranch/bungalow. All five have been renovated within the last year and have good paying tenants. Feel free to contact me to request further details. Don't miss out on this excellent investment opportunity.

Annually
Gross Income: $54,000
Taxes: $8565
Insurance: $3000
Net operating Income: $42,435 (before debt service, if any)

$386,000 investment (70% LTV)
$166,000 in equity
Return on money 11%



Contact Information

Contact person: Travis McKee
Seller type: Private Owner
Owner Finance:
MLS:
Phone: Log in to view
Address: Log in to view
City: Inkster
State/Province:
Zip/Postal Code:
Country:
User Listings: Show All Ads by this member


Listing Information

Type: Single Family Home
Listing Status: Sold
Price: 386000
Bedrooms:
Bathrooms:
Stories:
Square Feet:
Lot Size:
Age of Home:

Additional Feature:

Appliances:
Benefits: Garage, Near School



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