Rare Off-Market Investment Opportunity in a Great Location with Quick Access

Asking $ 200,000
  • 3 bedroom, 2 bath Single Family Home 
  • Great location with quick access to major commuting routes, shopping and schools and a strong rental market
  • Off Market Opportunity
  • A/B rated schools
  • No HOA charges
  • 2-car attached garage
  • Full Disclosure: Local broker has a minority ownership in this home with a group of investors, who are looking to sell and reinvest their proceeds.  
  • New HVAC installed in 2022
  • Metal roof (long-lasting and durable)
  • A rough estimate of deferred maintenance is about $25k, but nothing major or needs to be done immediately
  • Fully leased property
  • Updated On:
  • January 24, 2024
Property Id : 58902
Price: Asking $ 200,000
Property Size: 1,986.00 ft2
Property Lot Size: 1,986.00 ft2
Rooms: 7
Bedrooms: 3
Bathrooms: 2
Year Built: 1976
Rent (mo): 1750
ROI (ann): 23.3
Cashflow (mo): 130
Property Taxes (mo): 190
Insurance (mo): 95
Repairs (mo): 85
Management Fee (mo): 133
Leasing Fee (ann): 499
HOA (mo): 0
Vacancy Rate (ann): 3
Other Features
back yard
deck
fireplace
Transport
Supermarkets
Schools
Restaurants
Pharmacies
Hospitals
$ 1,198.10
per month
  • Principal and Interest
  • Property Tax
  • HOA fee
$ 948.10

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Information contained herein was obtained from sources deemed reliable, however, Simply Do It and/or the owner(s) of the property make no guarantees, warranties or representation as to the completeness or accuracy thereof. The presentation of the property is offered subject to errors, omissions, changes in price and/or terms, prior sale or lease or removal from the market for any reason without notice. The analysis is provided "As Is". All the information is believed to be accurate (except for the small effects of some simplifying assumptions), but is not guaranteed, and depends on the values entered for the property. This analysis is intended for the purpose of illustrative projections. The information provided is not intended to replace or substitute for any legal, accounting, investment, real estate, tax, or other professional advice, consultation, or service. Simply Do It and/or the owner(s) are not responsible nor liable for any damages arising from the use of the analysis info.

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