Looking for an investment property with a 10% cap once all units are rented? Look no further. 4 Flex unit with 1 vacant unit that rents for $550. 3 Units occupied for $500 each. Units are 2 bedrooms, 1 bath, living room & kitchen and laundry area. Renters pay all utilities. Cap info based on all 4 units being rented. 1 for $550 a month and 3 for $500 a month =$24,600 gross - $2483.98 taxes-$1840 insurance=$20276.02 / list price of $189,000 = 10% cap. ****SQ footage and other measurements provided as a courtesy and not guaranteed to be correct. Some information taken from court house system. Buyer to confirm all information that would be important to him or her. '' Information herein deemed reliable but not guaranteed ''****
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Information herein deemed reliable but not guaranteed April 7th, 2020 at 6:00am