Lovely 2 Bedroom 2 Bathroom bungalow in a good rental area.
Property has been renovated including flooring, new mechanicals kitchen, bathrooms and basement. Complete with 2 car garage and newer roof, home is rent ready!
Could rent for as high as $750-800 per month, but even at $700 and for under $40,000 USD, this investment will return almost 13% NET after costs including insurance, taxes and management. Average market value for this area is around $45,000
NET ROI after Costs – 12.8%
1200 sq ft
$700 USD per month
11.3% after deductions
Est Market Value:
Purchase Price: US$38,850
Star Dynamic Property Investments
Patterson Lakes VIC 3197