As an investor, you want hassle-free cash-flow that you can use to fund – well, whatever your heart desires. We so get that. You don’t want to deal with plumbing (ugh), you don’t want calls in the middle of the night – you just want peace and money. That’s the beauty of the turnkey – and the amazing benefits of this Philly duplex we are exclusively giving you the 411 on. If you want low-key cash, this property delivers for you.
Two rents. Extra money in your pocket. One property to manage (or, excuse us, pay a property manager to manage – it’s so worth the cost). If you want a city that’s on the upswing, go with a winner: Philly. It’s got colleges, employers, appreciation is on the rise and there are tons of deals with hot prices (although today’s duplex is rather rare and will go fast).
Let’s take a look at the data so you can get a better idea of what this deal is all about…It’s not every day that one like this pops up! Be sure to look at the amazing benefits this property comes with at the bottom. Our Philly seller has a proven reputation for honest, thorough work – and the proof is in what he offers when you buy!
Built In: 1944 (fully renovated and rented!)
Purchase price: $86,000 (not a foreclosure, normal sale)
Property info: 2 bedroom, 2 bathroom, 941 square feet
Monthly rent collected: $1,200
Property taxes: $63
Home Owners Association: $0
Property management fees: $120
Monthly expenses (conservatively estimated)
Vacancy (7%): $84
Repairs (5%): $60
Total Monthly Expenses- $397 ( we keep getting lower and lower – anyone see a trend?)
Net Income = Income – Expenses = $803 ! Wooot: imagine what you could do with this cash-flow each month… comment below if you’re so inspired!
Cap Rate =11.20%
Cash-on-cash return =
Depends on your leveraging
- 1 Year Rental Guarantee: Property manager will pay you the full gross monthly rent in the event that any of your tenants default during your first year of ownership
- 1 Year Maintenance Guarantee: Property manager will cover all labor and materials for any maintenance required during your first year of ownership
- 15-Year Roof Warranty: All properties come with a 15-year roof warranty
Today’s Philly duplex is a golden opportunity for skyrocketing your future earning potential. This is just one of those properties that will sell itself. If you want to know more, – or are interested in seeing others like it, just contact Ali at firstname.lastname@example.org – we’ll get right back to you!