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Property Description

Great Rent-N-Hold with 11%+ Cap Rate with Pre-paid Tenant!

Nice home non work needed. 

Current tenant is on lease of $900 per month and pre-paid through June.

$975 x 12 (Months) =  $11,700.00 Yearly Gross Income

$1,292 Taxes

$1,000 Ins. 

$1,170 Property Manager

$11,700 – $1,292 – $1,000 = $8,508 Yearly Net Income