Return on Investment: 104%

Purchase Price: $920,000
Current Market Value: $1,200,000
Total Investment: $270,000
Cash Flow: $2,900 per month
Mortgage Paydown: $1,500 per month

The Opportunity:  This property was very well maintained and had great curbside appeal in a town which has all metrics (unemployment, vacancy, GDP & pop. growth) moving in the right direction.  The cap on the property was a healthy 8% and had very attractive assumable financing of 3.48% for a term of 5 years.