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CASHCOW 4 Unit Apartment $17 700 yr 24 Return


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This is a four suite apartment building that has been fully renovated including new windows and new roof. The property is 100 occupied with two tenants paying cash and the other two section 8. Cash tenants pay $450 month each and section 8 pays $550 mo giving this property a gross rental income of $2 000 per month! Each unit has separate utilities furnace electric hot water tank . This property is cash flowing at 24 return. Make an Offer! br br Investment $75 000 br Appraised Value $100 000 br Gross Rent $24 000 yr - $2 000 mo br Taxes $1 500 yr - $125 mo br Insurance $1 200 yr - $100 mo br Water $1 800 yr - $150 mo br Prop. Mgmt $1 800 yr - $150 mo br Total Expenses $6 300 yr - $525 mo br Cash Flow $17 700 yr - $1 475 mo br Return 24 br br Please contact at 216 673 7464 br or reply to this post
Added on 14-08-2012 by cashflowinvest
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Runtime: 1m35s | Views: 2547 | Comments: 0

Tags:  Homes  Offices  House  Single  Family 
Channels:  General 
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User Name:  cashflowinvest

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