CASH BUYER ONLY - **Turnkey Rentals** 3Bed/2Bath 1200SqFt CASH COW in Danville, Virginia For Sale

30+% RETURNS!!??!?!
Guaranteed Tenant Income ? 3Bed/2Bath xxxxsqft * Condos *5 AVAILABLE $
Buy 1 or all 5 for a deep undermarket discount with massive guaranteed returns!!! $$$
Express Property Investments LLC
858-633-xxxx
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TALK ABOUT AN AMAZING DEAL TO HAVE 100% TURNKEY RENTAL PROPERTIES IN YOUR PORTFOLIO. BUY 1 OR BUY ALL 5!!! TAKE YOUR PICK BEFORE THEY GET GOBBLED UP! There is very little turnover at the condos. The low light bills and lack of a need to maintain a yard appeal to a lot of tenants. Some tenants stay for 20 years or more.
***FOR THE SECTION 8 PROPERTIES. . .IT WILL TAKE AT LEAST 30DAYS FOR YOU TO BE APPROVED AS A SECTION 8 VENDOR. . .VERY EASY FORM TO FILL OUT. Section 8 landlords must sign certifications they've never been convicted of fraud.
*THERE IS A $115/month HOA FEE for each property.
BUY 1 = $31,000
BUY 2 = $58,500 ($29,250/each)
BUY 3 = $85,000 ($28,300/each)
BUY 4 = $109,000 ($27,250/each)
BUY 5 = $132,000 ($26,400/each)
*THE ROI WILL DEPEND UPON HOW MANY UNITS YOU BUY.
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1)
3BED/2BATH xxxxSQFT -- Ground level unit*
Section 8 pays $893 per month for these, with utilities included. They each have UOA fees of $115 and average utility bills of $147 per month. 201A is in the middle of a lease. There is always a waiting list for ground floor units for section 8!
MONTHLY ANALYSIS
$893/month | $10,716/YR
$115/month HOA | $1,380/YR
$147/month (avg utility) | $1,764/YR
$21.84 (taxes broken down per month | $262/YR
$0 EXTERIOR MAINTENANCE !!!
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609.16/month Net (Insurance Not Included)
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2)
3BED/2BATH xxxxSQFT -
Section 8 pays $893 per month for these, with utilities included. They each have UOA fees of $115 and average utility bills of $147 per month. ** 225L loves their unit, and just started a second year lease ** Top floor units (I. e. 225L) are popular with young families, as they are the quietest -- no traffic noise, no overhead steps, etc., and they also lease quickly.
MONTHLY ANALYSIS
$893/month | $10,716/YR
$115/month HOA | $1,380/YR
$147/month (avg utility) | $1,764/YR
$21.11 (taxes broken down per month) | $253/YR
$0 EXTERIOR MAINTENANCE !!!
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609.89/month Net (Insurance Not Included)
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3)
3BED/2BATH xxxxSQFT -
Section 8 pays $615 per month, NO Utilities included.
MONTHLY ANALYSIS
$615/month | $7,380/YR
$115/month HOA | $1,380/YR
$21.11 (taxes broken down per month) | $253/YR
$0 EXTERIOR MAINTENANCE !!!
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478.89/month Net (Insurance Not Included)
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4)
3BED/2BATH xxxxSQFT -
Normal Tenant pays $150 per week and is not a section 8 tenant.
MONTHLY ANALYSIS
$150/week = $650/month | $7,800/YR
$115/month HOA | $1,380/YR
$21.11 (taxes broken down per month) | $253/YR
$0 EXTERIOR MAINTENANCE !!!
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513.89/month Net (Insurance Not Included)
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5)
3BED/2BATH xxxxSQFT -
Her rent is low, because her son has moved out, and she only qualifies for a one bedroom now, so it is a little less than $500 per month. She is a really nice blind lady, so I have just let her stay.
MONTHLY ANALYSIS
$500/month | $6,000/YR
$115/month HOA | $1,380/YR
$21.11 (taxes broken down per month) | $253/YR
$0 EXTERIOR MAINTENANCE !!!
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363.89/month Net (Insurance Not Included)
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