This is a sample on returns for rental investments homes. Prices differ as we have 1 Lehigh home that is currently renting for $1000. monthly. Our current average in Lehigh is $800 per home.We purchase pool homes for much less than $120k. Only a handful of homes we have purchased at 120k and up range, are homes that were flips and not rentals. Our fee varies on number of homes to be purchased. Not included Fort Myers and Collier County homes.
lehigh cape coral pool,canals, ocean access
cost $50,000.00 average 45k $65,000.00 or less $ 120,000.00 or less
rent monthly $700.00 $ 800.00 $ 1,100.00 Based on lowest price.
rent yearly $8,400.00 $9,600.00 $13,200.00
rent income % on Real Estate value
16.80% 14.77% 11.00%
judgement b.market crashed $250.000 $250.00
5% deposit $2,500.00 $3,250.00 $ 6,000.00
court charge $ 757.000 $ 982.50 $ 1,807.50
doc stamps $350.00 $ 455.00
WCRE flat fee pending pending pending
repairs varies from 0 to 5k depending condition of home we purchase, we never purchase a home with over 5k of damage
without consent of investors.
final cost of ownership $ 50,757.50 $ 65,982.50 $ 121,807.50