weissman 0 Report post Posted May 4, 2008 SUMMARY3 BR/1 BA SFR on corner lot of nice, stable, tree-lined neighborhoodExtensive rehab & upgrade just completedAsking $84,000 per recent appraisal (available upon request)Currently leased & under highly qualified professional property managementIncome $1336/mo. produces $560/mo. positive cash flow!14.3% Cap Rate!43% Cash-on-Cash Return! DESCRIPTIONThis is a turnkey investment producing extraordinary cash flow due to generous incentives offered by motivated seller!Located on the north side of Jackson, MS (forecast 17% job growth over the next 10 years; 38% of residents are renters; home of State Capitol)1951 construction; 1200 sq. ft. home includes 1-car attached garageMinimal landscaping upgrades would enhance this property TERMSFSBO2% Seller Closing Cost Credit$636/mo. Seller Subsidy for 24 monthsOne-Year Home Warranty included For pictures and more information, go to www.probot.com/UEVEIQEOr contact Jeff Weissman at 510-303-5903 or weissman.jeff@gmail.com Share this post Link to post Share on other sites