TURNKEY Rental Property - Cap Rate 14.07% - **Owner Financing**
Great Investment opportunity for self-directed IRAs and Solo 401(k)s. Turnkey investment w/ excellent cash flow.
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***Brokers And Agents Are Welcomed - High Referral Bonuses Offered***
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***Owner Financing Is Available***
***NO Credit Check***
***Bad Or No Credit Is Not a Problem***
***NO Income Verification***
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Gross Operating Income: -------------------------------> $13,500
Total Operating Expenses: -----------------------------> $3,890
Net Operating Income: ---------------------------------> $9,610
Monthly Net Operating Income: --------------------> $800
Monthly Rent To Purchase Price Ratio ------------> 1.65%
The 50% Rule Capitalization Rate: ------------------> 9.88%
Gross Rent Multiplier or GRM: -----------------------> 5 Years
Monthly Gross Rent Multiplier: ----------------------> 60 Months
Capitalization Rate: --------------------------------------> 14.07%
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This Turnkey Property has:
Tenants In Place!
Management In Place!
No Repairs Needed!
Strong Positive Cash Flow From Day One!
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Ideally located near local markets for grocery shopping, public transportation and convenience stores, this two family turnkey property is an investors dream! Offering a short drive to both the Erie County Medical Center and the Galleria Mall, 1428 E Delavan Avenue features recent updates that offer both comfort and convenience to any tenant. Message me today to set up a call for more information.
Email now for more information- Please include your name, your email address and your phone number. Text or email: 716-266-6599 // [email protected]
P.S.
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