Rlj Properties

11/22/2019

10/23/2019

(INVESTOR SPECIAL)
$$$$ 2 for 1 DEAL LESS THAN 20k $$$$

Asking 17k for BOTH

Here’s is your chance to pick up two houses for the price of one! Nestled on a decent street we have multiple two bedroom and one baths on the same lot that requires TLC to be rehabbed. Perfect for a investor who wants to maximize rents after doing some repairs or a small family to be on the same land. One is 952 square feet while the other is 650 square feet. Both have asphalt shingles but one has plaster interior and the other drywall. The front house has concrete block/stucco while the back home is framed/shingle. Both have A/C window units and the possibilities are endless as to what you could transform these properties into. No rent to own or no finance as these are a cash deal for a low number of only 17k.

10/23/2019

3/1

1011 square feet

Rental gross anual: 12,492

Rental net annual: (minus 35% of gross for operating expenses) 8119.8

Purchase Price: 19k

ROI: 21.3%-24.6%