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Updated almost 9 years ago on . Most recent reply

Ron Jiron's profile image
Ron Jiron's profile image
Ron Jiron
  • Investor
  • from Lake Elsinore, California
  • Member since Aug 26, 2014
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Ron Jiron's profile image
Ron Jiron's profile image
Ron Jiron
  • Investor
  • from Lake Elsinore, California
  • Member since Aug 26, 2014
Connect
Ron Jiron
  • Investor
  • Lake Elsinore, CA
2
Votes |
44
Posts
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Toledo Cash Flowing Duplex For Sale

Ron Jiron
  • Investor
  • Lake Elsinore, CA
Posted

Cash Flowing Up-Down Duplex Property For Sale

***Great Potential Cap Rate***   Current Rents Well Below Market Rents

Unit 1 - 3bd/1ba/1212sqft/Bsmt

$450 (Leased-7/17) Area Rent Avg:  $618

Unit 2 - 2bd/1ba/800sqft – $300 (mo-mo)   Area Rent Avg:  $531

Sale Price:  $27,000            Exterior Cosmetic Repairs - $5,000

Rent Total - $750 per mo. (2 ) ARV: $56,000

Existing After Annual Tax & Expense Cap Rate:  0.185 (1st year) 

New Roof/New Electrical Panel/New Security Gates & Doors

Contact Ron for Comps, Pictures, and more Property Details!

(951)400-5976 c       (614)768-3176 o      [email protected]   

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