$100,000
Sold on 7/15/03
Beds |
Baths |
Sq. Ft. |
Taxes |
Built |
5 |
2.00 |
0 |
$1,000 |
1936 |
On the market:
68 days
|
View full details, 15 photos, school info, and price history
A Large home with clientel. Room are rented weekly $90.00 x 8 = $720.00 a week $3024 Monthly income when fully rented. Per Owner. Monthly expenses $30.00 Phone, $400.00 Electric in Hot months, $42.00 Gas, $40.00 water/trash Managers salary 10% of gross rent collected.Estimated $1,000.00 annual taxes and $1,000.00 home insurance =$9,772.00 appr. annual expenses. Gross annual income $36,288. - $9,772.00 = $26,516.00 Net operating income. = 25% cap.
Listing courtesy of Better Homes & Gardens Real Estate SJ Fowler