Updated over 8 years ago on . Most recent reply
Milwaukee Cash Flowing Duplex - Merrill Park
Cash flowing duplex in Merrill Park area. Up and coming area in district being further developed by MillerCoors, Marquette, and Harley Davidson.
Both units are rented out to longterm tenants at $650 each with security deposits in place.
We will finance with 20% down to investors. The loan is 30 yr am; 7%; 5 year balloon. ($461.77)
The price is based on a 10 cap with 10% management, $40/mn for insurance, actual taxes of $217, $130/mn for repairs and maintenance, and $60/mn for water ($240 per quarter).
** SF is from city divided by two. Seller asks buyer to confirm SF if necessary.
Offering