Current monthly rent is $1,800 and can be extendeed for several years as needed. Home expenses are very low. Property capitalization rate is 6.7%. Cashflow breaks-even with little or no money down. Most properties in Portland require a 30% - 35% downpayment investment to get cashflow to break-even.
You won't find a Single Family Residential investment like this one!
Home is a Premier Oxford House.
Visit this program at www.oxfordhouse.org
DIVORCE FORCES SALE.
Offered at $249,900
Built in 1960
Over 2400 SF
Quarter Acre Lot