Build Equity AND Get a Great Return!! Easy Investment
Land Lord Alert: For a Little Work You Can Have 15% Returns in this South Side Slope Property
I am really excited about this one. For my landlords who want to make their own equity and get a great return this is the house for you. Granted she’s small, but she brings a king’s ransom in return. Rents will range between $1,000 and $1,200. That means conservatively if you put an additional $20,000 into this property you will have a cap rate over %15 after removing taxes and withholdings.
Taxes (Post Sale) : 1018.65
Net Income after 10% Withholding = $9,781.35
Cap Rate = 15.05%
Purchase Price $39,500
2900 Patterson St, Pittsburgh, PA 15203