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Price: $65,000

Annual gross rents $8,640

Here is a charming 3 bedroom unit that has been cash flowing nicely for over 2 years with the same tenants.  Located close to schools, shopping and highways.  Section 8 rents are paid each month by the government agency. Enjoy stable income and appreciation as inventory continues to dry up.

Monthly Rent: $8640

Management fee: $864

Annual taxes: $500

Annual insurance: $350

Net ROI: 10%