ISG Real Estate California  
Welcome to ISG California's Property Listing.
Lancaster, CA - 3 Units (W Milling St)

$350,000 - ¥38,150,000

  • Very Good Yield!

  • Cash on Cash Return of 28.91% after Remodeling

  • We can aim to sell for $600,000 or more for capital appreciation of about 71.41%+ above your total purchase price and remodeling costs.

  • Rent to a Veteran - RENT GUARANTEED & PAID ON TIME by COUNTY

  • Potential gross annual rent is $73,800

  • 3 Units : All 3-Bedroom + 1-Bath
  • Purchase price is $210,000 plus $140,000 for remodeling to extend 2-br units to 3-br units.
  • Will use a hard money loan for remodeling at 9% p.a.
  • Upon completion we will lease units out to VETERANS, targeting $2,050 per unit x 3 = $6,150 per month or $73,800 per p.a.
  • We will then refinance the property at 6% p.a.
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This property was posted to Lancaster on: 25 Oct 2020