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Updated about 10 years ago on .
Looking for Private lender
Looking for a short term lender for a 8 unit property near a college and hospital.
Here are the numbers as they sit for verbal negotiations:
Monthly Income: $6,000.00
Monthly Expenses: $3,529.61
Monthly Cashflow: $2,470.39
Pro Forma Cap Rate:18.01%
NOI: $41,240.00
Total Cash Needed: $49,000.00
Cash on Cash ROI: 60.50%
Purchase Cap Rate: 18.33%
Please contact me via my company email if interested, terms are negotiable. Tell me what you are looking for.
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