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Dustin Faeth
Pro Member
  • Real Estate Investor
  • Columbus, OH
92
Votes |
149
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DUPLEX FOR SALE - $1100/MONTH CASH FLOW AT 28% CAP RATE!

Dustin Faeth
Pro Member
  • Real Estate Investor
  • Columbus, OH
Posted Oct 30 2014, 07:35

I have a duplex for sale in Columbus Ohio for $30K - Property is fully occupied bringing in a total of $1100 in rental revenue, and is in great condition! The roof, gutters/downspouts, and windows are all only 2 years old! Mechanicals, electric, and plumbing are also in great working condition. Don't miss out on this great cash flow opportunity to add to your rental portfolio at a 28% CAP Rate!! Below is a summary of the numbers:

YOUR PRICE:  $30,000 CASH

ESTIMATED REPAIRS:  $2,000

ANNUAL NET OPERATING INCOME:  $9,146.36  **I have a CAP calculator I can email showing all costs supporting this NOI

CAP RATE:  28%

Message me with any questions or to make an offer.  Thanks!

       Dustin

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