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Are you looking for some incredible cash flowing deals? How about a property that is fully rehabbed, has tenants already paying rent, and good property management already in place? (check)
How about these numbers?
- Average Price: $40,000 – $60,000 (check)
- Net (really “net”) Cash Flow: $400 – $600 per month (check)
- Cash-On-Cash Return: 10% – 15% (check)
Yes, these deals and those numbers are real and very attainable. Right here, in my back yard, in St Louis.
Stop and think for a minute how much money you would need in a CD or Money Market to make $500 a month. At BankRate.com, you can earn a whopping 1.49% on a 5 year CD. Do you know how much you would need to have set aside in a CD to earn $500 every month? $402,685!!!
If you had $402,685 in an IRA, you could buy ~8 of these homes and get $4,000 a month in net cash flow.
NET cash flow! I am talking about “NET” cash flow. No fluffing numbers here. We’re considering everything – vacancies, repairs, property management, taxes, insurance, maintenance, alarms, etc… You get the picture?
Listen to this short 10 minute audio podcast to hear a little more about it >>>
Here is a property we have for sale right now: CLICK HERE
So if you’re interested and want to partner with us on these deals, go to this site to get more information: