Updated over 9 years ago on . Most recent reply
Contract for Turnkey 20%CAP Triplex in Georgetown, OH
Contract for Triplex: Three 1bed/1ba units
Total Rents: $1550/month
Property Management: 10%
Utilities: $3986/yr
Tax: $360/yr
Insurance $500/year
Water/Sewer/Trash: $400/year
NOI: $1550*12*0.9 - $3986 - $360 - $500 - $400 = $11,494
Contract Price: $57,470
Cap Rate: 20%
Offering