$75,000
3 bd, 1 bath residential property.
1,100 s sqft. It is tenant occupied with a good payment history.
They would love to stay in the place and are not against rent being raised. It is currently $750 a month for rent.
Title is free and clear.
They are also ok with moving if needed just would love at least a 30 day notice.
Need about $20,000 in repairs
steady cash flow property.
9.9% cap rate