Lakeview Lofts | 100% Occupied! Professionally managed. Not in a flood zone. Currently leased @ $5,875/month. Unit mix features (1) main home and (3) studio units. Updates throughout, new roof in 2016. Located in a phenomenal location with easy access to the area's best attractions, restaurants, and entertainment.
Cost Analysis Performed as Rental Property
In:
Rent - $70,500.00
Out:
(Annual) Property Taxes - $4,344.30
(Annual) Estimated Insurance - $2,401.00
(Annual) Property Management (Optional) - $5,640.00
(Annual) Estimated Utilities/Lawn/Repair/Misc. - $8,640.00
Total Costs - $21,025.30
Net: $49,474.70
Earn:
Total yearly net equates to - $49,474.70
Total monthly gross equates to - $5,875.00
TOTAL MONTHLY NET EQUATES TO - $4,122.89