Wholesale Deals for Real Estate Investors

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Duplex with Heavy Cash Flow

2368-70 N. 9th

$21,400 turnkey. Excellent tenants. No rehab needed. 

Location and Neighborhood

The duplex is located at 2368-70 N. 9th. There is a school across the street and a vacant lot next door.

Condition

Built in 1900. 2234 square feet. These apartments are very clean and well kept. No rehab needed.

Income

This duplex brings in $12,540 in annual gross income. The downstairs tenant has been paying $495/ month for 2 years and the upstairs tenant has been paying $550/month for 4 years.

Expenses

$1045 monthly income less $250 for property taxes, $75 for water, and $60 for insurance.
Net: $660/ month in cash flow. 2008 property taxes: $2661.

Side of House

 Back of House

Grammar School

2368-70 N. 9th
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