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Updated over 7 years ago on . Most recent reply

Jeff Helm's profile image
Jeff Helm's profile image
Jeff Helm
  • Flipper/Rehabber
  • from Highland, MI
  • Member since Mar 10, 2015
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Jeff Helm's profile image
Jeff Helm's profile image
Jeff Helm
  • Flipper/Rehabber
  • from Highland, MI
  • Member since Mar 10, 2015
Connect
Jeff Helm
  • Flipper/Rehabber
  • Highland, MI
13
Votes |
60
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4 Plex For Sale - $900 Plus Cash-Flow Per Month

Jeff Helm
  • Flipper/Rehabber
  • Highland, MI
Posted

High cash flowing 4 plex in Oakland County.  3-1 BR units and 1-2BR unit, full occupancy.  Each unit separately metered for gas and electric.  Tenant pays water bill ~$1,200 for the year.

Cash-on-Cash of 33% when purchased with financing, 20% down 30 Year Amz and 5% interest rate. 12% Cap rate

Proforma is Here:  https://docs.google.com/spreadsheets/d/1S-AR44YOWU...

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