UNDER CONTRACT!!!! go to www.equidealproperties.com for more dealsUpstairs: 2 bedrooms, Full bath, hardwood floors, Kitchen, living room, carport.Downstairs: 2 bedrooms, bathroom, Separate entrance in back, living room, full kitchen.This mother-in-law downstairs is pure cashflow!! Do the numbers!!Spend $20,000 to rehab and rent out for $1600 per month!!! Update kitchens and rehab baths and youre ready to go. Low maintenance gravel yard, great for rental. 1 car carport easily converted to garage.3 blocks from beautiful Anderson Park with swimming, picnic, ball fields, fireworks, circus, skate park and Clear Creek greenway. Very conservative analysis shows over 13% cash on cash if you borrow 70%and well over 9% Cap Rate INCLUDING TAX, MAINTENANCE, VACANCY AND UTILITIES. 14% RAW CAP RATE.
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