Hello again!
We have 2 new houses in the market for great prices AND rent!
The location: Florence AZ. This is a charming little town 1 hour drive from Phoenix with golf courses and mountain views.
The houses are 4 and 5 bedrooms and the listing prices are $ 62K and $ 67 k respectively. They are remodeled and ready to be rented for $ 800- $ 825 per month.
With a yearly net income of $ 6500 these beautiful houses offer over 10 % cap. rate!
This investing formula is very simple: the farther you go from Phoenix the newer the houses, lower the purchase prices and better the deals.
Same quality and square footage houses in similar neighborhoods in Phoenix would go for over $ 170,000 k.
Please contact me directly for more pictures and spcific investment analysis for these properties at naomiesal@gmail.com. Thanks Guy and David for your feedback on the contact information :-).
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Happy Holidays and may you all have a great and productive New Investment Year!
Naomi.
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