Sandbridge Real Estate Net

Beach Houses as 401k Alternative to Stocks & Bonds

Lucky investors are tired of watching their retirement 401k accounts go no where. Not so lucky investors are tired of seeing these accounts shrink. Rental property can be a qualified investment for 401k funds. 2741 Sandpiper Road in Sandbridge, Va. is a great example of how attractive this can be. With an acquisition cost of $545,000 this beach house has positive cash flow of $34,000 per year. This is after operating expenses, insurance, real estate taxes are paid. This is a 6.2% return on invested funds! Think of the 6.2% ROI as a dividend on stock. The profit on any appreciation is above and beyond the 6.2%. This property has a steady and proven track record. Prices of real estate in Sandbridge are at record lows. This bodes well for appreciation over a longer term investment horizon. Property management is in place, all furniture, beds, TV’s convey as part of the purchase. Call today for information on this alternative to the stock market.

This entry was posted on Friday, August 3rd, 2012 at 6:00 am and is filed under Buyers. You can follow any responses to this entry through the RSS 2.0 feed. Both comments and pings are currently closed.

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