Hot Deals! Investment Properties

10/25/2016 This weeks HOT DEALS

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7554  Cripple Creek Rd,  Citrus Heights, CA  95610

LISTED AT $300,000

This Duplex features 2 beds and 1 bath per side. 874 sq ft per side. The real upside? Rent is $1000/month! Per side.

Now let’s figure out the cap rate.

$2000 gross rent -30% ( prop mang, repairs, water, sewer, garbage, ect)  $1400 net per month.

$16,800 annual divided by $300,000=5.6% cap rate.

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1901  El Monte Ave,  Sacramento, CA  95815

LISTED AT $185,000

This little gem now has Newly painted exterior. Dual pane windows throughout. Redone bathrooms. Clear pest report and two year roof cert. Just sit back and collect the rent.

 

Each side is 1 bedroom and 1 bath and 550 sq ft. Each has a small yard and front porch.

Tenants pay $650 each.

$1300 gross rent – 30% =$910 x 12 months=$10,010.

$10,010 divided by $185,000=5.4% cap rate.

 

 

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WINNER FOR SACRAMENTO MARKET DUPLEX!!

3262  43rd St,  Sacramento, CA  95817

LISTED AT $169,000

We have potential for a rent increase. Tenants are currently month to month.

3 bedrooms and 1 bath gets $795

1 bedroom and 1 bath gets $550

rent o meter says $1134 is the average for 3 bedrooms

and $689 for our 1 bedroom( which we will use for our cap rate)

 

$1823 gross rent-30%=$1276 x 12 months=$15,313. divided by $169,000=9% cap rate!