Attention Investors! This is a package of 11 single family homes that is priced at $492,000 and is generating over $109,000 in annual gross rent. Ten of the properties are currently rented, with the eleventh property's lease ending this month. Average monthly rent is $829. When fully leased, the estimated CAP rate is 14% with a 56% Cash on Cash return (after taxes, sewer, insurance, reserves, and property management). Rent roll information available. Turnkey property management available for an additional fee.
Listing courtesy of Keller Williams Realty Chesterfield.
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