Great deal in quiet area with lake views! This rancher is ready for a quick fix and sell or rent. Repairs needed include new septic, roof, and some updating. This bad boy is on a corner lot with lake views! Taxes are only $2,921 per year and can rent between $1,100 – $1,200 per year.
Gross income $13,200
Taxes $2,921
Insurance $700
5% Vacancy $660
Net Income $8,919
ROI 19.82% (including $20k of repairs)
CALL OR TEXT JOHN JARAMILLO
FOR MORE INFO AT
908-759-3161
SERIOUS BUYERS ONLY PLEASE. Buyer must be purchasing with cash, hard or private money, or line of credit and able to close within (10) days or less. 10% Non-Refundable deposit due within 48 hrs of acceptance. Property being sold “as is”, any and all inspections and certifications, including Certificate of Occupancy will be Buyer’s responsibility. Free and clear title, quick closing offered.
TO MAKE AN OFFER CALL John at 908-759-3161. All information, regardless of source, should be verified by personal inspection by and/or with the appropriate professional(s). The information is not guaranteed. Measurements are solely for the purpose of marketing, may not be exact, and should not be relied upon for loan, valuation, or other purposes. The buyer is responsible at their sole cost and expense to obtain all required permits, approvals, and certificates, including but not limited to the certificate of occupancy and smoke detector certification.