Are you looking for an investment property? If so, you probably know that it is hard to find a good deal that cash flows. A new listing in City Heights came on the market yesterday that caught our eye, so we though we would spotlight it for you.
Here are the details:
Here is why we like this opportunity. You get two large detached homes for the price of one and the unit mix is ideal for getting top dollar for rents. It is challenging to find multifamily properties where each unit has 3 bedrooms and 2 bathrooms. Usually there is a smaller unit attached that is less attractive and harder to rent out. The projected Annual Income is $56,400 and will cash flow even if you were to finance 75% of the purchase.