Jun 22 2008

16% Return – Cash Flowing Quad in California

Published by at 1:56 pm 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.


No responses yet

Trackback URI | Comments RSS

Leave a Reply

You must be logged in to post a comment.