
Description
Are you looking for cash-flow? Stop what you are doing, because you've found what you've been seeking. Averaging over $5,600 in gross rents per month, this high-performance 12% cap turnkey rental generates over $67,000 per year. It blows away the "1% rule." This seasoned PadSplit coliving home occupies a prime location with ample parking and good proximity to public transit. This home is sold with a master lease to a corporate tenant with over 12 years of experience owning and operating assets like this. An experienced third-party property manager is also available, making this property ideal for any investor, no matter their capacity.
-
5BEDS
-
0.3ACRES
-
3BATHS
-
01/2 BATHS
-
1,994SQFT
-
$160$/SQFT
School Information
Description
Are you looking for cash-flow? Stop what you are doing, because you've found what you've been seeking. Averaging over $5,600 in gross rents per month, this high-performance 12% cap turnkey rental generates over $67,000 per year. It blows away the "1% rule." This seasoned PadSplit coliving home occupies a prime location with ample parking and good proximity to public transit. This home is sold with a master lease to a corporate tenant with over 12 years of experience owning and operating assets like this. An experienced third-party property manager is also available, making this property ideal for any investor, no matter their capacity.
