We bought it last December with cash of $108,000. We fixed some problems and added a new bath with total cost of $13,000. It was rented out two weeks ago with rent $1300/m and lease starting from Jan 23. The tax is $3000/y and insurance $600/y.
It seems that we can get $12,000 income per year with $121,000 cash. I won't worry vacancy very much since I got a lot of phone calls even in the hardest month of January! It might not be very good comparing to a lot of great investments here. But I am still very glad since it is the best investment house I'v ever had up to now.
Cheers! Wish friends here to get better and better!
選擇“Disable on www.wenxuecity.com”
選擇“don't run on pages on this domain”
