This single family home was built in 1945. The home provides approximately 1008 square feet of living space. This property features 3 bedrooms and 1 bathroom. This house does not have central heat or air but was remodeled in October 2014. This house is all electric with a pier and beam foundation. Property is currently occupied with great tenants that just signed a 1 year lease.
$46,700 Price Monthly Annually
Rent Rate $675 $8,100
Insurance ($40) ($480)
Taxes ($43) ($516)
Maintenance & Vacancy ($101) ($1,215)
Net Income $491 $5,889
Return on Investment 12.61%
25% Down $11,675
Loan Payment ($188.02) ($2,256.26)
Net after Payment $302.73 $3,632.74
Cash-on-Cash Return 31.12%