Big-Time Cash Flow on this Section 8 Rental!
- Over 10% Cap Rate
- Tenant has been in Place 3+ Years
- Like-New HVAC
- Hardie Siding
- Roof 15 years Old (No Leaks / Issues)
- Current Section 8 Breakdown – $1,000 Voucher / $500 Tenant ($1,500 Rent)
Estimated Annual Taxes: $2,561 or $213.41/mo (2025)
Estimated Annual Insurance: $2,300
Potential Cash Flow w/ 20% Down DSCR @ 7%:
Rent: $1,500
P&I: $421 | Insurance $192 | Taxes $214 = $857 (PITI)
Potential Cash Flow: $1,500 – $857 = $673
Estimated After-Renovation Value (ARV): $130,000 (Link to Sales Comps)
Renovations: (None Currently Needed)
Cash or DSCR Only
Deposit: $5,000