
Description
SFR CASH COW. 100% Xeriscape for very little maintenance. Great rental history and lots of recent maintenance. The hard part has been taken care of, just buy it and start making money. Priced at 5% cap rate based on most recent long term rent. Could easily operate at 7% cap rate as a long term rental, potentially 9% with a short term rental arrangement, and easily over 10% as a vacation rental based on the current AirBNB market. Centrally located and in good condition. I've advised the sellers to keep it with no prevail. They are tired of mailbox money. Are you ready to start passive income?
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3BEDS
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0.18ACRES
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2BATHS
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01/2 BATHS
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1,589SQFT
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$220$/SQFT
School Information
Description
SFR CASH COW. 100% Xeriscape for very little maintenance. Great rental history and lots of recent maintenance. The hard part has been taken care of, just buy it and start making money. Priced at 5% cap rate based on most recent long term rent. Could easily operate at 7% cap rate as a long term rental, potentially 9% with a short term rental arrangement, and easily over 10% as a vacation rental based on the current AirBNB market. Centrally located and in good condition. I've advised the sellers to keep it with no prevail. They are tired of mailbox money. Are you ready to start passive income?