Did you know that you can buy a duplex for just $45,000 in Idaho's Treasure Valley?
We are looking at a unique time in the history of real estate. You can buy a property that produces more than $900 a month income for just $45,000. If you do the math, that is one heck of a return on investment and that doesn't even include appreciation and the tax benefits.
About the Property:
-Sold for $149,000 in 2007
-Used to rent for $600+ per unit
-Currently rents for around $500 per unit, but I estimated $450 in the ROI Analysis
-Bank has dropped their price from $72,000
I am really excited about what we investors can purchase and earn in the new market. In this example, I show the investor paying cash for the property, which makes the most sense at the low purchase price. If you don't have that much cash on hand to invest, you can also consider using your 401K or IRA to purchase the property, which is a cool way to leverage your retirement accounts.
To jump on deals like this, just give me or Jared a call at 208-287-6589
Mike Turner
Turner Real Estate Group
208-287-6589
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