Northwest Real Estate Investors Association


9410 NE Gertz Ct, Portland, OR 97211

Exciting Price Drop With the Potential for Income on Day ONE!

Charming 2BD/1BA Home located in NE Portland. *Remodeled in 2012. *Currently occupied by tenant for the past 5 years (income from day one!) $1160/month current rent (inlcudes HOA and garbage pick up). $1,500/month should easily be attainable goal from the start as $2,000/month is the market rent in this area. *Double digit cash on cash return for a quick, cash transaction of >10%, do nothing to bring rents to market and still realize an 8% ROI *After a cash closing and refinancing, the ROI (accounting for principal, 5% interest, taxes, insurance, HOA, and a rent of $1500) would be a whopping >11%! Plenty of buffer for vacancy rate, property management costs, and reserve budget! *Motivated seller, needs to close fast *Purchase Price: $174,000 Rare opportunity for net positive cash flow in the Portland area

Northwest Real Estate Investors Association is not responsible for the properties or the information listed here. Each Property is independently owned.  Click on the link above to contact the Property Owner about this property.

Contact Us

Northwest Real Estate Investors Association

15532 SW Pacific Hwy, C1B PMB 312
Tigard, OR 97224
(503) 482-6955

Proud Chapter of National REIA

Follow Us

Privacy and Security Policies

Your email will never be shared or sold to other members, vendors or any other third party without your consent.

Disclaimer  (Northwest Real Estate Investors Association) does not give legal, tax, economic, or investment advice. Northwest REIA disclaims all liability for the action or inaction taken or not taken as a result of communications from or to its members, officers, directors, employees and contractors. Each person should consult their own counsel, accountant and other advisors as to legal, tax, economic, investment, and related matters concerning Real Estate and other investments.   Poster may be selling their equitable interest in said property(s).

Copyright 2017 © Northwest Real Estate Investors Association  All rights reserved.

This REIA Website is powered by: Real Estate Promo.