Tiny Price – Big Returns in Birmingham, AL – $32,500 rents for $575.00

Price:  $32,500

2 Beds 1 Bath
936 Sq. ft.
Built in 1947
.6 Acre Lot

Features:

  • 2 car garage
  • Hardwood Floors
  • New toilet
  • Fresh Paint
  • Central Heat & Air
  • New Light Fixtures
  • 4-month rent guarantee!

Monthly Rent: $575
Annual Rent: $6900
Annual Taxes*: $433.67
Annual Insurance*: $500
Annual Management*: $586.50
Net Annual Cash Flow: $5379.66
Annual Cash ROI based on $32,500 purchase price: 16.55 %

Contact Us for Address and Details!

 

9 Rental Homes reduced to $209,900! Cash Flows a $37.8k a year !

INVESTOR SPECIALS
Great Pkg of Rehabbed, Rented and
Managed Homes in Macon, GA.

$229,900 $209,900 Cash Price.
Package at Reduced Price!
This pkg consist of 7 lots but a total of 9 rental properties as two of the properties have small apartment type of units in back of the house.

Seller recommends to hold this small pkg for 3-5 years and then sell off entire pkg once values have gone back up.  Macon may not provide the overall appreciation as we will see in Atlanta but these are still houses that used to sell in the $50’s and $60’s so certainly room for overall appreciation.
The numbers: 
$229,900 $209,900 Cash Price for 9 Rentals!

Rents = $4190 x 12 = $50,280 annual gross income
Insurance = $450 x 20 = $4050 annual*
Taxes = $4406 actual*
Property Mgmt = 8% or $335 or $4023/yr.*

Net Annual Rental Income = $37,801 or 19% net ROI
*These numbers are projections

 

Read more 9 Rental Homes reduced to $209,900! Cash Flows a $37.8k a year !

9 Rental Homes for $229,900. Cash Flows a $37.8k a year !

INVESTOR SPECIALS
Great Pkg of Rehabbed, Rented and
Managed Homes in Macon, GA.

$229,900 Cash Price.
Once again this is a Buy and Hold Deal or Cap and Futures!
This pkg consist of 7 lots but a total of 9 rental properties as two of the properties have small apartment type of units in back of the house.

Seller recommends to hold this small pkg for 3-5 years and then sell off entire pkg once values have gone back up.  Macon may not provide the overall appreciation as we will see in Atlanta but these are still houses that used to sell in the $50’s and $60’s so certainly room for overall appreciation.
The numbers: 
$229,900 Cash Price for 9 Rentals!

Rents = $4190 x 12 = $50,280 annual gross income
Insurance = $450 x 20 = $4050 annual*
Taxes = $4406 actual*
Property Mgmt = 8% or $335 or $4023/yr.*

Net Annual Rental Income = $37,801 or 18% ROI
*These numbers are projections

 

Read more 9 Rental Homes for $229,900. Cash Flows a $37.8k a year !

Webinar Tomorrow – Smart Rental Income Property Buying!

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Why waste time looking for quality Income Homes?

Smart Rental Income Property buying needs a well thought out plan of action and inside information. Choose the right market at the right time!
Join Us for these free (to registered members) informative Webinars:
Please register for IncomePropertyHQ.com  on Sep 16, 2014

Read more Webinar Tomorrow – Smart Rental Income Property Buying!

Buying Real Estate using your 401k? – Free Webinar to Learn How!

401k
One of the many options an investor has in purchasing investment real estate is using their self directed IRA or 401K to build their retirement or investment portfolio. 
Please join us this Thursday, September 4, as Brian Davis with Accuplan will be our special guest, discussing a variety of strategies that you may consider when investing in real estate. Brian will be covering the ins and outs of using your self directed IRA or 401K including the “do’s and don’ts” that you need to know before investing. 

Read more Buying Real Estate using your 401k? – Free Webinar to Learn How!