Super cash cow! This lovely home generates $93,000 in documented AIRBNB short term gross rental income and a net operating income (NOI) of $63,000 after ALL expenses, including management. This is created an amazing 11% cap rate in an area only blocks to the water). OR it could also be your new primary residence. This super clean, surfing themed home has new ceramic tile, full impact windows, white on white appliances, fire pit, huge backyard with plenty of room for your boat or RV trailer. Also available, private, wholesale financing, below market, starting at 6.27% with 20% down $2862 per month P&I. I also have a 0% down option or a no income verification option.
Listing courtesy of Keller Williams Eagle Realty. Contact:
Selling Office: Echo Fine Properties.
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Agent: Michael L Marks | Email: thedreambroker@aol.com