Saturday Steal of the Week: 04-23-2011

Steal of the Week #6

$115,000 - 2190 W. Euclid

2190 W. Euclid Ave, Stockton Ca, 95204: Just on the market for 25 days, this country club area home has had recent electrical & plumbing upgrades.  The home has 3 bedrooms 1 1/2 Baths and is surprisingly 1845 sq ft.  Central Heating and Air and inside laundry make this home ideal for a first time home buyer.  Dual pane windows and new interior paint.  Not much work needed.

At $62 a square foot, this home seems to be a good bargain and make for a good long term rental property in Stockton.  It would rent for $1050-$1150.  At those rates the Return on Investment (ROI) on this home would be 13% after principal, interest, taxes, insurance (PITI) property management fees and a vacancy factor.  Not to bad.  See the cash flow breakdown below.

>>>See the Cash Flow Breakdown<<<

 

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Listing info provided by: Werner Properties

 

 

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