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Updated over 10 years ago on .

User Stats

250
Posts
7
Votes
Chetan Tandon
  • Investor
  • Fort Lauderdale, FL
7
Votes |
250
Posts

OFF Market Duplex!

Chetan Tandon
  • Investor
  • Fort Lauderdale, FL
Posted

Price:$300K

The subject property is underperforming slightly. Once side is rented at1495 and the other is 1395. Looking at comparable rents I think without any
work you can get each side to 1500-1520/month. If the owner would in put in
some updates to the kitchen you could see the rent reach closer to
1600/month.

Presently side A is leased for $1495/mth and the lease ends 7/2015
Side B is leased for 1395/mth and lease ends 6/24/15

As it sits its we are a 8.23% CAP but easily could get to a 9 % CAP with
little effort.

If you like to get more information please email or call me.

Thanks!
Chetan Tandon
[email protected]
9542451765
Offering