What does your Income Property look like?

 


Buying income real estate requires a knowledge of what is good and bad in tenants and property. I base my decisions on the amount of rent and is the area trending upwards in price?

This property will lease for $1300 a month and the area is trending up on pricing. This video shows you how the tenant after 12 months of living in the home.

Let's look at the projected numbers on this home for income

Rent                          $1300

Tax                            $  165

Insurance                   $    50

P/M                           $  125

Projected Net             $  960

These properties are all in $130,000-$150,000 Purchase and Rehab They have equity and great income.

Need to get more freedom in your life with Real Estate? Call me 216-703-5740 Fathom Realty or Whatsapp me 

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