sroush, Both Buyer and Seller in 10016

Looking to invest in rental property, can pay $200K all cash

Asked by sroush, 10016 Wed May 9, 2012

Do you have any listings where we can make >12% equity return after mortgage? We can pay $200K all cash. Would love to be close to the beach.

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Hi, For your consideration: An all-new condo with first rate materials, we have a tenant ready to take @ $1,750 per month. Your monthly costs with 20% down less than $1200 per month including(principal, interest, insurance, taxes, maintenance) It is not on the beach, BUT it is in the Red Bank rental market, where rentals are in high demand, close to parkway and train. Think like an investor - buy where the rental demand is!
http://mls.momls.com/MonmouthReports/ListitLib/show_report.a…

Susan McLaughlin
732-768-1068 Cell
0 votes Thank Flag Link Wed May 9, 2012
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