Attention investors: this home is part of a package of 8 single family homes that are fully rented and generating immediate cash income. The package is priced at $400,000 and has an estimated 10.64% cap rate (factoring in maintenance, property management, vacancy, taxes and insurance) and an estimated annual net income of over $42,500. Whether you’re a new investor or seasoned pro, you'll love these homes all located in North County with average monthly rents of $823. Please note that photos are from 2/2018, prior to the tenant moving in. Turnkey property management is available for an additional fee.
Listing courtesy of Worth Clark Realty.
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