IDEAL RENTAL UNIT FOR LANDLORD
Please do not stop by to look at this property. It is currently
occupied by tenants who are great.
Sorry, I don’t have current pictures of this property.
- 544 NW Ann Lois Burleson – 2017 data
Total expenses $10,766.18 (taxes 3064.18 / insurance 1077.00 / bathtub 500.00 / NEW roof $6625.00)
Total rents $13,500 (rents were 1100 per month for part of the year, rents are now 1250.00 per month)
2018 projected expenses total 5000.00 (property taxes and insurance and a little bit for miscellaneous)
2018 projected income $15,000
2018 projected net income $10,000.00
1252 square feet
Sales price $160,000 – Based on no real estate sales commissions. Buyer could have any related documents (survey, etc.) I was provided upon purchase. I’m not sure what I got, I simply don’t remember.
This property has an established tenant (family with 2 children) who love the house and do not want to move. They are very low maintenance and pay perfectly (ACH).