346 & 348 Hardesty Ave

346 & 348 N. Hardesty Ave

Property Features 4 Bedrooms 2 Baths 2578 sqft Lot size 4356 sqft **Completely rehabbed with over $36,000 in improvements since September 2009.**

Currently being rented for $975

APPRAISED VALUE YOUR PURCHASE PRICE $110,000 $90,000

INVESTMENT STRATEGY: 20% Down Payment Loan Amount Closing Costs $18,000 $72,000 $3,400

Total Out of Pocket at Closing: $21,400

Mortgage payment (based on 7% interest): Taxes and Insurance: $479 $169 Monthly Costs: $648

Current Rental Agreement 10% Management fee Actual Rental Income $975 $98 $877

Monthly Cash Flow $229 ROI: 12.8%

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