Archive for the 'Homes For Sale' Category

Jun 22 2008

16% Return – Cash Flowing Quad in California

Published by under Homes For Sale

THIS DEAL IS BACK ON THE MARKET!

Join the mailing list at sanjoserehabdeals.com to be notified as soon as the next property becomes available.

$4,753 per month income (includes a 2% vacancy)

$3,310 per month expenses (includes PITI plus repair savings)

$1,443 monthly income

Get your fourth of this with a Downpayment = $26,235 = ROI 16.5%

The Deal.

A cash-flowing four-unit residential in the Bay Area. Anyone who invests in property in the California Bay Area is no doubt aware that positive cash flowing, investment property, priced below $500,000 is in a word, rare.

Contact.

Interested parties should not hesitate to contact Eric at 510-289-8906.

I just checked, there is another quad with a 3bdroom right down the street renting for $1600/mo.


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