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$80,000
Sold on 6/03/11
Beds |
Baths |
Sq. Ft. |
Taxes |
Built |
3 |
2.00 |
1,284 |
$974 |
2001 |
On the market:
70 days
|
View full details, 15 photos, school info, and price history
NOT BANK OWNED AND NOT A SHORT SALE! CAN CLOSE QUICKLY! Perfect opportunity for an investor looking for a turnkey single family home income property.
Beautiful gated community of Johnson Ranch. This home has vaulted ceilings and is an over sized kitchen & dining area! The bedrooms are laid out in a nice split floor plan, and the backyard is beautifully landscaped.
This community had many amenities and features an 18 hole championship golf course, tennis courts & community pool.
This property will bring in total rents of $9,000, less 10% vacancy $900 so $8,100 per year. Then after total expenses of $3,284 the amount the investor would pocket is $4,816 per year, based on pro forma. This is a 5.60% return on investment based on a cash purchase.
Listing courtesy of Linda Gerchick & Patrick O'Sullivan