The following case studies, are of the actual properties that I got for my clients. These are real numbers with real expenses and real income.

All the properties described herein were acquired by my clients with tenants occupied and rent collected from day 1

Sale price: $65,000

Location: Delray Beach, Florida
Type: Single family house + back yard
Bedrooms/baths/garage: 4/2/1
Square foot: 1239
Monthly rent: $1,300
Annual rent: $15,600
Yearly expenses: $3,600
Vacancy allowance (estimated): $1,500
Net Income:$10,440
ROI (years): 6.23
ROI (%): 16.06%

Sale Price: $35,000

Location: Delray Beach, Florida

Type: Single family house + back yard

Bedrooms/baths/garage: 2/1.5/0
Square foot: 1009
Monthly rent: $900
Annual rent: $10800
Yearly expenses: $2520
Vacancy allowance: $1080
Net Income: $7,200
ROI (years): 4.86
ROI (%): 20.57%

Sale Price: $55,000

Location: Delray Beach, Florida
Type: Single family house + back yard
Bedrooms/baths/garage: 3/2/1
Square foot: 1087
Monthly rent: $1,150
Annual rent: $13,800
Yearly expenses: $2820
Vacancy allowance: 1,380
Net Income: $9600
ROI (years): 5.73
ROI (%): 17.45%

Sale Price: $120,000

Location:Riviera Beach, Florida
Type: 4 Plex (4 units) + big back yard
Each unit ( bedrooms/baths/garage): 2/1/0
Square foot: 850/unit
Monthly rent: $2850
Annual rent: $34,620
Yearly expenses: $9,600
Vacancy allowance: $1731
Net Income: $23,289
ROI (years): 5.15
ROI (%):19.41%

Sale Price $56,500

Location: Riviera Beach, Florida
Type: DuPlex (2 units) + big back yard
Each unit ( bedrooms/baths/garage): 2/1/0
Square foot: 800/unit
Monthly rent: $1,550
Annual rent: $18,600
Yearly expenses: $4,500
Vacancy allowance: $930
Net Income: $13,170
ROI (years): 4.29
ROI (%): 23.31%