A property in Muskegon, Michigan, for $100,000 Slightly Negotiable. It has 3 bedrooms and 1 bathroom.
The seller mentions two things to keep in mind: the roof is new, and there's a tenant currently living there.
Here are the numbers to help you make a decision:
Section 8 $1,550
Operating Expenses $466
Mortgage Expenses $465.71
Downpayment 30%
Annual ROI 22.48%
Net Monthly Cash Flow $618.29