Investors, this one’s for you! This brick bungalow offers 1050 sf of living space with 2 bedrooms, 1 bathroom, living room, true dining room, kitchen, bath, full basement, and off-street parking. Inspections are welcome for your knowledge, but the sale is as-is with seller to do no repairs. The roof is brand new, with warranty!  The property is newly rented (April 1) at $1125. Using that figure, gross annual income would be 13,500.  Seller’s annual taxes, insurance, and sewer expenses total 2,989; with a pro forma $500 for maintenance, that’s an NOI of 10,551, which is a 12.67% cap rate at asking price.  Have a look, make your offer, and let the cash flow begin.