Great Investor House, 3/1.5 in great shape, minor TLC, Rents go for $1400 a month, Great return on investment, 1 year rent is $16,800.00 minus taxes $1,391.00 and Insurance $855.00 = $14,554.00 after expenses leaves a cap rate of 13.30%! The average cap rate in the area is 8.1% and usually the house needs rehabbing. Close and collect rents the next day.
