Gross Monthly Rental: $1,195.00
New Roof, new sofit and fascia, all new drywall, new HVAC, New Water Heater, New interior and exterior doors, tile kitchen, new kitchen cabinets with granite counters, subway tile back-splash, new stainless appliances,new bathrooms with tile floors and surrounds, decorative tile borders, new toilets, vanities and bathroom hardware. New laminate flooring throughout the rest of the house, new baseboard, interior and exterior paint, new lighting fixtures with recessed lighting in the kitchen and much more.
- 8% Management Fee ———–$84.00
- 5% Vacancy ———————–$52.50
- 5% Maintenance——————————-$52.50
- Total Expenses before debt Service: $336.03
Net Monthly Cash Flow before PI and expense in these calculations: $713.97
*Investors are advised that all information contained above has been obtained from sources deemed reliable but is not guaranteed and investor further agrees to perform their own due diligence and take full responsibility in satisfying themselves as to the accuracy. The authors cannot be held responsible for unforeseen circumstances or any information omitted to them, whether intentional or not. This is not an offering for securities. Financing is subject to credit approval. Always seek the services of licensed third party appraisers and inspectors to verify the value and condition of any property you intend to purchase. ASAM Properties, LLC does not provide legal, tax, accounting, or other professional advice. Nothing in this email is intended to form a contract or binding legal commitment. All content herein is the copyright © 2017 of ASAM Properties, LLC