Great turnkey or assignment deal in Lansing, Michigan!
Great property..Great cap rate..
Attention Buy & Hold investors. Synergy 1 has been working closely with
property managers and realtors in Lansing, Mich. and finding some great
deals. The property shown here is one of many that we will be offering
to Dean Graziosi students on a first come first serve basis. This one
will move fast.
3 B/R, 1 Bth 1368 sq ft. New roof put on 5 years ago. Gas fireplace, large
family room, back deck, Aall appliances in good shape including washer
and dryer. Kitchen cabinets in great shape. House needs inside painting
to clean up and new carpeting which is included in the price. Furnace
will be replaced before closing. ARV (after repair value $67K-$75K)
Price $49900
Expenses as follows;
Taxes & insurance $217. per month= $2604/Year
Property Mgmt fee: $75 per month= $900/Year
rental income $825 - $895 per month= $9540 to $10740/year. Most likely in the
higher range according to PM
All utilities will be paid by tenant.
We can arrange the whole package so it is turnkey for you from day one.
CAP Rate expected 12% -14%
Other arrangements are possible for this deal.
Please call or e-mail Julian for additional information.
914-292-6500 [email protected]
- Synergy 1 Real Estate LLC -
Great property..Great cap rate..
Attention Buy & Hold investors. Synergy 1 has been working closely with
property managers and realtors in Lansing, Mich. and finding some great
deals. The property shown here is one of many that we will be offering
to Dean Graziosi students on a first come first serve basis. This one
will move fast.
3 B/R, 1 Bth 1368 sq ft. New roof put on 5 years ago. Gas fireplace, large
family room, back deck, Aall appliances in good shape including washer
and dryer. Kitchen cabinets in great shape. House needs inside painting
to clean up and new carpeting which is included in the price. Furnace
will be replaced before closing. ARV (after repair value $67K-$75K)
Price $49900
Expenses as follows;
Taxes & insurance $217. per month= $2604/Year
Property Mgmt fee: $75 per month= $900/Year
rental income $825 - $895 per month= $9540 to $10740/year. Most likely in the
higher range according to PM
All utilities will be paid by tenant.
We can arrange the whole package so it is turnkey for you from day one.
CAP Rate expected 12% -14%
Other arrangements are possible for this deal.
Please call or e-mail Julian for additional information.
914-292-6500
[email protected]
- Synergy 1 Real Estate LLC -