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FS Houses: Buy Sell Rent

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News

4 Single Family Houses – Cash Cow

By

Ryan Mullin

Posted in Cash Flow Investing, FS Houses, Investing in Real Estate, Turnkey Properties On January 9, 2016

Small Portfolio Investment Opportunity!

4 Properties for a low cash price of 170k.  That’s 42,500 per property.  Average rent is 690/month.

This 4 house portfolio produces a strong 10% cap rate.  All properties are currently rented and cash flowing. All 4 are in different stages of lease.  Some just moved in, others have been there for a while and 1 house is on month to month. There is NOT deferred maintenance on these homes. All were extensively rehabbed at the end of 2012 and have been kept up on meticulously by local landlord AND FS Houses’ property management team.

Attached you will find projections for the portfolio as a whole and individual projections for each of the properties.  All projections are just estimates, figures and returns vary.

FS – Cash Cow – Portfolio Projections

Little Flower – 1326 Chester

Christian Park – 3936 Fletcher 

Bosart Brown – 321 Wallace 

West Side – 1401 Phillips 

_________________________________________________

Property # 1. 

1326 Chester Indianapolis IN 46201

Purchase price: $42,500  

Rent: $650 / month 

Taxes: $95 / month 

 

IMG_2503

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Property # 2. 

3936 Fletcher Indianapolis IN 

Purchase price: $42,500 

Rent: $675

Taxes: $71

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Property # 3. 

321 Wallace Indianapolis IN 

Purchase price: $42,500 

Rent: $750

Taxes: $88

DSC00509

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Property # 4. 

1401 Philips Indianapolis IN 

Purchase price: $42,500 

Rent: $695

Taxes: $28

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 cash cow, Indianapolis rental property, Investment properties, Purchase a rental portfolio, rental properties, turnkey

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FS Houses: Buy Sell Rent
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