Cash Flow Anyone…? I Haven’t Seen One Like This in a While..!

Somebody is going to jump on this one.

 

I think this is a “wow”…!   Because it’s a very unique and small apartment complex and located in a neat area with a mix of  Single Family Homes, Duplexes & one other small apartment complex on the street.   It’s Listed in a Price Range of $590,000 to $590,888.

The Neighborhood does show some pride of ownership with most of properties in better than average condition.

I’ve taken an exterior video of the property and immediate area.   Click on the Picture here to get a short exterior view of the property.

I’ve got the cash flow figures here and they look pretty darn good.  They do have one vacancy now.     By the way…  I did call the various agencies and verify most of these expenses… so what you are seeing will be close to “actuals”.

Click Here for the Pro-forma Cash flow Analysis

We manage two duplexes on this street and they are pretty easy to rent up.

Let me know what you think…!

In the mean time…?

Make it a Great Day…!

Ed Favinger, Broker CRS, GRI, SFR, CDPE      916-203-1260      favinger@rwnetwork.com

 

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You’re From the Bay Area and Thinking of Buying an Investment Here…?

And Schools are an Important Factor to you…?    See what I and other professionals here had to say to a question on Trulia.com…

The question from an investor in the Sunnyvale area of the South Bay area of San Francisco had to do with his curiosity about the Sacramento Region.   A big concern of his was the quality of the schools here.

The reason  Investors have that as a concern is that they know that in areas of great schools people will pay more for the price of a home and pay for more for the privilege of living there in rent.   The reason is you will get a better class of tenant if you will.

Investors know that people who are concerned with the quality of schools are also concerned about the quality of the education they will receive for their kids.  It  also means they will be great tenants for their investment.

Since prospective tenants will pay more to rent in an area if their kids will have access to great schools, the investors know their property will grow more in value as time goes on.

What makes “great schools”…?   My opinion is that great schools exist is because of “Parental Involvement”.   That’s what you see here in the areas we discussed in our answers to the question of this investor on Trulia.

 

 

Click on this link and see the advice we gave an Investor in the Bay Area.

 

 

 

 

In the mean time…?

Make it a Great Day…

Ed Favinger, Broker CRS, GRI, SFR, CDPE            favinger@rwnetwork.com      916-203-1260

 

 

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Some Things To Do in Folsom

The Paladio starts the Summer Concert Series this Wed, June 6th.

 

This is a great time of the year because with the addition of the concerts on Wednesday nights here.

 

This weekend take a stroll down to the Historic District this Saturday for the Second Saturday on Sutter Street.

 

 

There’s so much to do here in town this time of year so take your pick and have fun.

 

I’ll probably see you out there.

 

In the Mean Time…?
Make it a Great Day…!

 

Ed Favinger, Broker CRS, GRI, SFR, CDPE         favinger@rwnetwork.com     916-203-1260

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