Assembled package of five single family homes.

All homes are rented to qualified tenants at market value rents. The homes have a professional management company handling all aspects of the leasing responsibilities for an investor owner. all Properties have recently been updated, remodeled or repaired as needed to make ready for premium rental rates. The homes are in very good condition and will withstand any inspection scrutiny. Square footage of homes vary and also prices. The total price and square footage advertised are averages and total price will be adjusted to the desired homes selected. There are currently more than five available, thus no specific details. Prices range form the $60,000's to Low $90,000's.

• All homes purchased will be occupied via a one year lease in place.
• Conventional Financing is available to investors with 20% down payments.
• Any of the homes selected will have positive annual cash flow.
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All homes are in good resale neighborhoods. These neighborhoods are not considered declining areas.

Jacksonville has an active rental market due to various U.S. armed forces stationed in the Jacksonville area. Additionally, the Jacksonville area has had excellent economical development activities to encourage new job growth.

Call A. John Richwine CCIM for profit loss projections and loan closing expenses

Broker Information:

John Richwine
Email: ajrichwine@mpabrokers.com
Phone: 734-930-0011

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