Description
HUGE 14.4% Coc return & 10% CAP rateWE HAVE FINALLY MADE THIS PROPERTY AVAILABLE TO SHOW AS OF 3/1/21Investor opportunity. Renovated rental property.Current rent is $3,000 per month.$29,567.72 NOI.At list price it offers a very strong 10% CAP rate. If financed with 20% down/15 yr AM at 3.75% it produces $8,627.72 positive cash flow.Current lease expires 6/30/22Tenants pay all utilitiesSELLER ALSO HAS 8 OTHER RENTAL PROPERTY LISTINGS: MLS #S ARE AS FOLLOWS 1577379,1577347,1577380,1577381,1577382,1577375,1577376,1577277,1577378
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6BEDS
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0.22ACRES
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3BATHS
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01/2 BATHS
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2,878SQFT
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$104$/SQFT
School Ratings & Info
Description
HUGE 14.4% Coc return & 10% CAP rateWE HAVE FINALLY MADE THIS PROPERTY AVAILABLE TO SHOW AS OF 3/1/21Investor opportunity. Renovated rental property.Current rent is $3,000 per month.$29,567.72 NOI.At list price it offers a very strong 10% CAP rate. If financed with 20% down/15 yr AM at 3.75% it produces $8,627.72 positive cash flow.Current lease expires 6/30/22Tenants pay all utilitiesSELLER ALSO HAS 8 OTHER RENTAL PROPERTY LISTINGS: MLS #S ARE AS FOLLOWS 1577379,1577347,1577380,1577381,1577382,1577375,1577376,1577277,1577378
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Listing provided courtesy of Beck Realty Group.
© 2021 Metro Search, Inc. All rights reserved.