Listing courtesy of EXP Realty LLC Ballantyne
Great CASH FLOW with an EXCELLENT tenant in place. The monthly rent of $1,085 is guaranteed each month, making this a stress free income property that produces a VERY healthy Cap Rate of ~6.5%!! This property has been well maintained and features hardwood flooring throughout the living room and both bedrooms, washer & dryer hookups, a large kitchen w/ dining area, good natural lighting, vinyl siding, a large level yard w/ a fenced in yard and a carport. The property is very clean hassle free. Tenant is responsible for the water, cable & lawn maintenance. Owner pays the property taxes, hazard insurance & electricity (avg. ~$100 p/mo). The seller is reinvesting into a larger new construction project.
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