3337 Norton Ave

3337 Norton Ave

Property Features 2 Bedrooms 1 Baths 728 sqft Lot size 8712 sqft

Currently being rented for $540

APPRAISED VALUE YOUR PURCHASE PRICE $45,000 $40,000

INVESTMENT STRATEGY: 20% Down Payment Loan Amount Closing Costs $8,000 $32,000 $3,400

Total Out of Pocket at Closing: $11,400

Mortgage payment (based on 7% interest): Taxes and Insurance: $213 $100 Monthly Costs: $313

Current Rental Agreement 10% Management fee Actual Rental Income $540 $54 $486

Monthly Cash Flow $173 ROI: 18%

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