The #PropertyNerds are so excited to share with you our newest listing at 965 Katherine Ct, San Jose 95126.
This is the perfect opportunity for you if you’ve been looking to own a house and also have an investment property at the same time!
- Current CAP Rate: 6% (based on 6% cash on cash return)
- Annual net income: $32,000 (includes $3,599 annual tax rate; ADU only)
- Estimated ADU valuation: $547,000
LONG TERM LEASE:
- Estimated rental: $2,700-$3,000*
- Low inventory in Rose Garden = HIgh demand
- Low maintenance costs
- Potential renters:
- Young families
- Single young professionals
- College students
*Assumed numbers based on Craigslist interest and city data
Learn more about the benefits of having an ADU here!
We will be having an informational event about owning an ADU and all the great benefits of having one next SUNDAY, JUNE 23 at 965 Katherine Ct, San Jose 95126 from 1:30-4:30 PM. To learn more about this great investment opportunity, check out www.RoseGardenHome.com